Yokohama Rubber Co. Ltd. (TYO:5101) is looking to bolster its production capacity for off-highway tires, such as those used on agricultural machinery, via production subsidiary Alliance Tire Group (ATG). To this end, the company has announced that it will establish a new plant under new subsidiary ATC Tires AP Pvt. Ltd. within India’s Atchutapuram Industrial Park. With a planned capital...
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Tsubakimoto Chain Co. (TYO:6371) recently announced that it has completed construction of a new tensioner plant on the premises of its Saitama Plant in Hanno, Saitama Prefecture. Plans are to begin full-scale operations this December. The new plant will be tasked with manufacturing tensioners, which are used in timing chain systems for automotive engines. Its larger space will facilitate the...
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Toyoda Gosei Co. Ltd.’s (TYO:7282) manufacturing subsidiary in Vietnam, Toyoda Gosei Haiphong Co. Ltd. (TGHP), has started operations at its Thai Binh Plant. At the new plant’s opening ceremony held in Vietnam on July 3, Toyoda Gosei President Naoki Miyazaki said that he is pleased with the start of operations at the Thai Binh Plant, the company’s second manufacturing base...
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Tire manufacturer Continental AG held a grand opening ceremony on March 27 for a new greenfield tire plant that it has built in Rayong Province, Thailand. The new plant represents a 250 million euro ($280.44 million) investment for Continental. By 2022, the company aims to have the base producing approximately 4 million premium tires per year for use in passenger...
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Toyoda Gosei Co. Ltd. (TYO:7282) recently announced that Toyoda Gosei Minda India Pvt. Ltd. (TGMIN), a subsidiary based in India, held an opening ceremony on Feb. 4 for its new Gujarat Plant. The Gujarat Plant began operations last October, manufacturing products for automotive safety systems – such as airbags and steering wheels – as well as weatherstrips and more. These...
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Hayakawa Rubber Co. Ltd., a manufacturer of rubber products for civil engineering, construction, residential soundproofing and more, will complete the construction of a second molding plant on Dec 1. The new plant will be located on the premises of the company’s Minoshima Factory and headquarters in Fukuyama, Hiroshima Prefecture, and total construction costs will amount to 500 million yen ($4.42...
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