Bridgestone to invest $50 million in Costa Rica
Akron, Ohio -Â Bridgestone Corp. is investing $10 million per year over the next five years to upgrade the production capability of its plant in San Jose, Costa Rica, a spokeswoman said.
Much of the production is intended for the local and Latin American markets, she added, though some will be available for North America.
"Just as the rest of the Bridgestone global group is doing, the Costa Rican facility is focusing on the higher margin/higher performance tyres and is intending to allow the lower end part of the market to devolve to other manufacturers, including those in the Far East," the spokeswoman said.
The Costa Rica plant produces passenger, light truck and truck and bus tyres.
From Rubber & Plastics News (A Crain publication)
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