TOKYO — Bridgestone Corp.'s mid- to long-term growth strategy includes plans to restructure its production processes across global operations in order to raise production capacities for premium tires.
In particular, Bridgestone said recently it plans to reinforce the production of tires based on its Enliten light-weighting technology across passenger car, light truck and truck/bus segments.
Among other initiatives, the plan, disclosed in the firm's 2024-26 Mid-Term Business Plan, would focus investment on 16 plants worldwide whose manufacturing processes will be restructured to produce "premium tires."
Earlier Bridgestone said it would invest upwards of $2 billion in the coming few years to enhance its ability to make premium tires.