Bridgestone to invest in emerging markets
In its 18 October-announced Mid-Term Management Plan 2012, Bridgestone reported it plans to spend an average of 250 billion yen on capital expenditure projects, half of which will be for strategic tyre projects. Further to this company announcement, a Japan-based reporter for Reuters writes that in the 2013 calendar year Bridgestone will spend 280 billion yen (£2.2 billion) to expand capacity in emerging markets, including India and Thailand.
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