Bridgestone Americas Inc. (BSAM), the U.S. subsidiary of Bridgestone Corp. (TYO:5108), announced on Sept. 15 that it will sell all shares of its wholly owned subsidiary Speedco Inc. to U.S.-based Love’s Travel Stops & Country Stores Inc. The sale price was not disclosed. Speedco provides automotive lube, maintenance and other services to the trucking industry, and owns 52 stores in...
Bridgestone Corp. (TYO:5108) and chemical products manufacturer Kuraray Co. Ltd. (TYO:3405) have announced that they will donate aid to the victims of the recent hurricanes in the U.S. Bridgestone, and its U.S. subsidiary Bridgestone Americas Inc., will donate $1 million to the American Red Cross in order to support those affected by Hurricanes Harvey and Irma. Meanwhile, Kuraray will donate...
Bridgestone Corp. (TYO:5108) recently launched a training program for data scientists. Created by SAS Institute Japan Ltd., the program is based on existing curriculum and has been customized specifically for Bridgestone. Talented employees from within the company will be selected to participate. Recently, Bridgestone has been focusing on bolstering its solutions business and is planning to further boost the quality...
Japan Rubber Weekly recently conducted a study of the top 100 companies in Japan’s rubber industry, analyzing their business performance for fiscal 2016. Of these 100 companies, 48 posted a year-on-year revenue increase. Seven companies managed a double-digit increase to revenue, including NOK Elastomers Processing Co. Ltd., which ranked 42nd out of the 100 companies with an 11.9 percent increase,...
Bridgestone Corp. (TYO:5108) has joined JFE Steel Corp. and JFE Civil Engineering & Construction Corp. to jointly develop a new intermediate viscoelastic damper. Serving to control vibrations, it absorbs the energy generated by an earthquake and efficiently reduces the swaying experienced by buildings. Bridgestone builds the panels used in the viscoelastic body, while JFE Steel makes the upper and lower...
Bridgestone Corp.’s (TYO:5108) group company in India, Bridgestone India Pvt. Ltd., has announced that it will shore up production capacity at its Pune and Indore plants for passenger car radial tires. Bridgestone India will invest $304.3 million in a phased manner over the next five years. The investment is expected to increase the combined daily production capacity of the two...
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