HARBEL, Liberia (Aug. 19, 2014) — Firestone Natural Rubber Co., a subsidiary of Bridgestone Corp., will cease producing liquid latex at its Liberian plantation in the fourth quarter of 2014 and concentrate solely on the production of block rubber, the company said.
“This change will allow the company to utilize its entire output for the manufacture of tires and other rubber products,” Firestone Natural Rubber said in a statement issued Aug. 14.
With the discontinuation of latex production, Firestone Natural Rubber also will close its latex terminals in Baltimore, Md., and Savannah, Ga., by the end of the fourth quarter, it said.
The company also said it is working with its latex customers to assure a smooth transition as they seek alternate sources of supply.
Approximately 200 workers, mostly in Liberia, will be affected by the end of latex production at the Firestone plantation, the company said. Because of employee attrition and reassignment, actual layoffs will be minimal, it said.
Firestone officials could not be reached for further comment.
When is the last time you attended one of the national tire industry trade shows, such as SEMA, ITEC or the North American Tire & Retread Expo?
|I try and take in at least one show a year.||
|I usually attend one every few years.||
|There are so many tire maker and distributor meetings each year, I don’t see a need to attend one of the national shows.||
|I don’t find value in these shows and haven’t been to one in years.||
|I’d like to but I am too busy||