Yokohama Rubber confirms plan to double Thai tyre plant capacity

TOKYO (Nov. 18)–Yokohama Rubber Co. Ltd. is going ahead with a previously announced expansion at its still-under-construction tire plant near Bangkok, Thailand, agreeing to buy the land necessary to facilitate a doubling of planned capacity.

Yokohama said it has secured a 2.08 million-sq.-ft. plot of land adjacent to the 2.41 million-sq.-ft. plot where the new truck and bus tire facility is under construction. Yokohama did not disclose the cost of acquiring the land or the projected cost of doubling the size of the factory. It put…

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