Bridgestone to centralise control of China tyre operations in Shanghai

Tokyo–Bridgestone Corp has established a new company in Shanghai to oversee its tyre operations on the Chinese mainland. The new company, Bridgestone (China) Investment Co., Ltd., has a start-up capitalisation of $68 million. Its establishment follows the formal opening on September 24 of Bridgestone’s third Chinese tyre plant in Wuxi, Jiangsu Province.

Bridgestone said the move is designed to provide a central unit to manage Chinese tyre production, marketing, and service and “will enable Bridgestone to respond faster and more flexibly to customer expectations and to…

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