Sumitomo to set up moto radial production in Thailand
In response to growing demand in Asia for tyres to fit full-size motorcycles, Sumitomo Rubber Industries, Ltd. has decided to install equipment for the production of motorcycle radials at its factory in Thailand. Approximately 1.4 billion yen (£9.9 million) is being invested in the motorcycle tyre project, and the new facility is scheduled to begin production in January 2015. By the end of 2018 the plant is expected to have the capacity to manufacture 64,000 motorcycle tyres a month.