Addressing the worldwide shortage of off-the-road tires, Bridgestone Corp., Goodyear and Group Michelin are all expanding capacity at several locations around the world.
Michelin is raising capacity for earthmover tires at its plants in Lexington, S.C., and Vitoria, Spain, by undisclosed amounts to address what it calls ``unprecedented growth of the surface mining industry.''
Bridgestone is investing approximately $130 million to double annual capacity of small radial earthmover tires at its Hofu, Japan, plant by mid-2006 to 16,000 metric tons.
Goodyear is in the midst of a five-year, $100 million modernization project at its Topeka, Kan., medium truck and OTR plant.
Additionally, Continental A.G. is seeking a buyer for its Bryan, Ohio, OTR tire plant.