TOKYO — Bridgestone Corp. will suspend production of tires in Russia and halt exports to the country in response to the ongoing conflict in Ukraine.
The company announced March 14 it will stop production at the passenger car tire plant in Ulyanovsk, Russia, by March 18, "after the necessary preparations."
It will also immediately freeze any new capital investment at the facility and halt exports of tires to Russia.
"We condemn any form of violence and hope that peace can quickly be re-established. Our primary concern in this crisis, is the safety of our employees and their families," the company said.