Speaking at a press conference on Dec. 13, Sumitomo Rubber Industries Ltd. (TYO:5110) President Satoru Yamamoto looked back on the past year and gave some insight into the company’s strategy going forward. With its tire business, the past year saw Sumitomo Rubber decide on multiple investments in an effort to respond to strong demand around the world. In February 2021,...
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Toyo Tire Corp. (TYO:5105) President Takashi Shimizu spoke recently about his company’s plans for 2022. On top of boosting productivity at its leading plant in the U.S., Shimizu said here that Toyo Tires intends to make effective use of its Malaysian base – a global hub for the company – while keeping a close eye on the circumstances and logistics...
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Yokohama Rubber Co. Ltd. (TYO:5101) has announced that it is set to establish Yokohama Tyre Sales Malaysia Sdn. Bhd. as a Malaysian JV for tire sales on Jan. 1, 2022. The JV will be formed with YHI International Ltd. (YHI) – the exclusive distributor of Yokohama tires in Southeast Asia – and its subsidiary YHI (Malaysia) Sdn. Bhd. (YHIM), which...
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Yokohama Rubber Co. Ltd. (TYO:5101) recently announced that it has started supplying its BluEarth RV-02, BluEarth-Van RY55 and Job RY52 tires as OE for the new-model Nissan Caravan, which Nissan Motor Co. Ltd. (TYO:7201) launched this October. BluEarth is a global tire brand offered by Yokohama Rubber with a focus on tire solutions that are friendly to the environment, people...
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Bridgestone Corp. (TYO:5108) recently held its 11th Bridgestone Group Total Quality Management (TQM) Conference, serving to highlight various examples of innovative activities that local group members have taken to improve their operations. This conference provides an opportunity for the Bridgestone Group – which touts the mission of “Serving Society with Superior Quality” – to share examples of innovative improvement activities...
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Bridgestone Mining Solutions Australia Pty. Ltd., a group company of Bridgestone Corp. (TYO:5108), has acquired Otraco International Pty. Ltd., an Australian provider of off-road tire solutions for mining equipment. Valued at AU$79 million ($56.62 million), the acquisition from Downer EDI Ltd. was completed on Dec. 1 following regulatory approvals and the fulfillment of other such requirements. Otraco has skilled tire...
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