Yokohama Rubber will build a new passenger car tire plant in Mexico to strengthen its ability to supply tires to the North American market. With a production capacity of 5 million tires per year and an investment of $380 million, construction will begin in the second quarter of 2024, and production is scheduled to start in the first quarter of...
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Sumitomo Riko will increase the production capacity of the O’Donnell Plant of S-Riko de Querétaro (SRK-QRO, headquartered in Querétaro, Mexico), a group company that manufactures and sells automotive anti-vibration rubber and other products in Mexico. By expanding the plant building from the current 12,000 square meters to 22,000 square meters, SRK-QRO’s production capacity of automotive anti-vibration rubber will be increased...
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Nitta Corp. (TYO:5186) recently announced that its Mexican subsidiary, Nitta Moore Mexico S. de R.L. de C.V. (NMM), held a ceremony on Feb. 19 to mark the end of construction for the third phase of a plant expansion project. The ceremony was attended by a number of San Luis Potosi state and city officials, including business council executive Gabriela Rivera...
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Inoac Corp. CEO Soichi Inoue recently sat down for an exclusive interview with Japan Rubber Weekly. The 87-year-old Inoue discussed the global expansion of the Nagoya-based company, a Japanese leader in rubber and resin-related products. With Inoac having overseas subsidiaries in some 80 locations across 13 countries, the company is expanding its business in the global market, Inoue said. The...
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Toyoda Gosei Co. Ltd. (TYO:7282) wants to get back to the fundamentals of manufacturing, says President Naoki Miyazaki. Sitting down recently for an exclusive interview with Japan Rubber Weekly, Miyazaki said that getting back to these basics will serve to achieve continued growth and get out on top of global competition in what is expected to be a tough business...
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Toyoda Gosei Co. Ltd. (TYO:7282) operates four plants in Mexico and is in the process of shifting production from plants in Canada and the U.S. to Mexico as part of the North American Free Trade Agreement (NAFTA) framework, particularly in relation to weatherstrip products. The company is moving forward with investments in a Mexico subsidiary to increase the production capacity...
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