Yokohama Rubber Co. Ltd. (TYO:5101) is planning for Yokohama Tire Philippines Inc. (YTPI), its manufacturing subsidiary in the Philippines, to return to full production capacity by the end of 2020. This follows a fire that occurred at YTPI on May 14, 2017, affecting approximately 17,400 square meters in the northeast sector of the subsidiary’s East Plant. The plant’s buildings and...
Yokohama Rubber Co. Ltd.’s (TYO:5101) President Masataka Yamaishi recently disclosed details regarding the fire that occurred at the company’s main overseas factory in the Philippines. According to Yamaishi, the fire started at around 3 p.m. local time on May 14 and was put out around 11 p.m. It affected approximately 17,400 square meters in the northeast area of the east...
Yokohama Rubber Co. Ltd. (TYO:5101) has announced that Yokohama Tire Philippines (YTPI) partially resumed tire production after it had been halted due to a fire that occurred on May 14. Production began on May 20 outside of the affected area. The building occupies 205,000 square meters of a site totaling 452,000 square meters. The fire affected the northeast area of...
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