Bridgestone plans 3rd tire plant in Thailand-paper

Newswire

NEW YORK, Nov 25 (Reuters) - Japan's largest tiremaker, Bridgestone Corp. , will spend about 17 billion yen ($139 million) to build its third factory in Thailand, aiming to secure a top spot in the global tire industry, the Nihon Keizai Shimbun said. The new factory, with targeted annual sales at 20 billion yen, would be the company's first industrial tire plant since it built its plant in the United States in 1990, the paper said. The firm, which is neck-and-neck with French rival ...

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