Update: Brazil project introducing ‘Sun’ production technology to truck tyres
As reported yesterday, Japan’s Sumitomo Rubber Industries, Ltd. is investing 312 million real (£73.0 million) to add a truck and bus tyre manufacturing capability to its site in Fazenda Rio Grande, Paraná state, in order to furnish the Brazilian market with a steady supply of locally-made products. The investment will cover the cost of erecting a new 13,400 square metre premises adjacent to the existing passenger car and truck tyre manufacturing facility, which entered operation in October 2013, as well as the purchase and installation of new production equipment at a cost of 208 million real.