Tyred up

Alan Heath
30-10-2002, 00:00

The Japanese tyre concern Bridgestone has begun to reconstruct a factory in Poznań. The EUR60m project will see new production halls going up on the company’s land. Once completed the factory will be able to increase daily production from 10,000 to 15,000 pieces. Around 200 new jobs will also be created according to Mariusz Tarant, the administration director of Bridgestone Firestone Poland. Currently there are 540 people employed at the Poznan factory. Companies involved in the construction project include Budimex and Hochtief. More than ninety percent of the tyres produced by Bridgestone in Poznań are exported. Major clients include such names as General Motors, Ford and Suzuki. The global strategy for the company foresees increased production over the next two years. It has 46 factories employing 101,000 people in Asia, Latin America and Europe. Other countries in Europe where the company has factories are Belgium, France, Spain and Italy. The Japanese took a majority stake in the Poznań factory in the spring of 1998. It has placed EUR113m in the factory since then.

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