Yokohama to build second truck tyre plant in Thailand
Phase two work on Yokohama Rubber’s truck and bus tyre factory in Thailand is scheduled to begin in July. This second stage of the Yokohama Tire Manufacturing (Thailand) Co., Ltd. project involves the erection of a second plant on a 2.6 section of land adjacent to the existing truck and bus tyre factory in Rayong Province. Yokohama Rubber’s total investment in this second plant amounts to 8 billion yen (£53.6 million). The expansion will double the Thailand subsidiary’s truck and bus tyre capacity to 700,000 pieces per annum; the second plant is scheduled to enter production in April 2015 and full-fledged operation the following December.