Bridgestone Establishes Chinese Investment Company

Bridgestone has announced that it has established a company responsible for managing its Chinese tyre operations. The new company, established on 22 October is called Bridgestone (China) Investment and has a start-up capitalisation of $68 million. The company’s establishment follows the formal opening of Bridgestone’s third Chinese tyre plant in Wuxi, Jiangsu province. The company says the new company will enable it to “respond faster and more flexibly to customer expectations.”