By Liz White, ERJ staff
Tokyo-Bridgestone Corp. is to spend about $100 million (Euro 82 million) to build a second plant in China making steel cord for radial truck and bus tyres.
The plant, at Huizhou in Guangdong Province, will be the Japanese tyre maker’s latest measure to serve the surging demand for tyres in China,â€ Bridgestone announced 2 Aug. It also fits with the group’s core strategy of expanding its internal capacity for raw materials, Bridgestone’s statement said.
The group has already set up…