Suzhou Yokohama to start tire expansion project

Jiangsu, China – Suzhou Yokohama Tire Company, a fully-owned subsidiary of Tokyo-headquartered Yokohama Rubber, is conducting environment assessment for its expansion project with an annual capacity of 1.7 million sedan radial tires.

The new project, with $73 million (€57 million) total investment earmarked, will add 260 employees and is scheduled to start a trial run in May 2015, according to the environment assessment report.

Based in Suzhou, Jiangsu province, Suzhou Yokohama was set up in 2006 with $81 million (€63 million) investment. It currently has a 320,000/year capacity for TBR truck tires and a 1m/year capacity for radial tires with 470 employees.