JOLIETTE, Quebec (Feb. 26, 2016) — Bridgestone Americas Inc. is planning a $225 million investment in its Joliette car and light truck tire plant to boost capacity nearly 18 percent to 20,000 units a day by 2023.
The investment will involve installing “technologically advanced” equipment to help the plant support the “significant North American markets and contribute to improved tire performance,” Bridgestone Canada Inc. said.
The multi-phase expansion is expected to break ground in 2016 and will be focused on capacity for larger diameter tires that fit today's pickup trucks and SUVs, as well as increase productivity and enhance the plant's global competitive position, Bridgestone said.
The project will shift the plant's product mix to 18- to 22-inch SKUs, Bridgestone said, from the current 15- to 18-inch mix.