Sumitomo to double truck tire production in Brazil

Fazenda Rio Grande, Brazil – Sumitomo Rubber Industries (SRI) is investing BRL 153 million (€32 million) into expanding its truck and bus tires production facility in Brazil.

The company announced the investment plan as it prepares to start production of truck and bus tires at the Fazenda Rio Grande plant next March.

“The aim of this increased investment is to position our group to be better able to respond to the steadily growing demand for truck and bus tires in the Brazilian market,” Sumitomo said in a…

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