News - 2014

Bridgestone Relocating its Rubber Track and Marine Fender Plant Within Shenyang City, China

2014/07/14

Tokyo (July 14, 2014) - Ensuring its license to operate and recognizing urban policies governing its current location, Bridgestone Corporation announced today that Shenyang Bridgestone Co., Ltd. (SYBS) will relocate its plant and facilities from its current location in Shenyang City, Liaoning Province, China to a chemical industry park also in Shenyang City.

A Bridgestone Group company, SYBS manufactures rubber tracks used on agricultural, construction, mining and transportation equipment, as well as marine fenders used as energy absorbing bumpers on docks of shipping ports around the world. The relocation will require an estimated investment totaling 204 million Yuan (approximately ¥3.3 billion), including building construction and equipment. The new plant will be situated on about 52,000 square meters, and plans are for production to commence in the first half of 2016.

The Bridgestone Group is a leading company building systems to rapidly provide high-quality products to meet market needs, and as a responsible corporate citizen, is committed to collaboration with local stakeholders and governments to help contribute to the development of those communities where the company operates.

1. Company name:	Shenyang Bridgestone Co., Ltd.
2. Location:	Shenyang City, Liaoning Province, China
3. Establishment:	1989
4. Representative:	Shinji Uchida
5. Products:	Rubber tracks, Marine fenders
6. Ownership:	Bridgestone Corporation - 100% (including indirect holdings)
7. Site area:	Approximately 37,000 square meters (as of June 30, 2014)
8. Number of employees:	409 (as of June 30, 2014)

About Bridgestone Corporation:
Bridgestone Corporation, headquartered in Tokyo, is the world’s largest tire and rubber company. In addition to tires for use in a wide variety of applications, it also manufactures a broad range of diversified products, which include industrial rubber and chemical products and sporting goods. Its products are sold in over 150 nations and territories around the world.