Japan's Bridgestone Corporation announced on the 13th that it has decided to increase the production capacity of the company’s special tire production plant “Bridgestone (Wuxi) Tire Co., Ltd.†in Jiangsu Province to 12,000 Nissan tires. 1.5 times. The estimated total investment is 98 million U.S. dollars (about 670 million yuan), and the increase in output is expected to begin in the second half of 2011 (July-December).
Due to the declining demand for tires due to the economic downturn, Bridgestone originally expected to reduce production by 13% in China in 2009. However, due to considering that the mid- to long-term market demand will increase, it eventually decided to increase its production capacity.