News from Notch Consulting, Inc.

April 9, 2013

Yokohama completes first phase of Philippine tire plant expansion

Filed under: Tires — Notch @ 12:17 am

Rubber News has an update on Yokohama’s six-year, three-phase expansion of its tire plant in the Philippines. The ¥50B project began in 2011 and will be completed in 2017, and it will add 10 million units/year of capacity to 17 million u/y. Output is mainly intended for the North American market.

Phase one and phase two of the Philippines project consist of adding 3.23 million square feet to the 1.72 million-sq.-ft. facility. The expansions will put the plant at 4.95 million square feet, about 2.8 times larger than its former size. New machinery is being added at the site, and the factory work force ultimately will experience significant growth, said Hamaya, who has worked in both sales and manufacturing along with accounting and corporate planning at the tire maker.

The first phase was completed in February and adds a projected 3 million tires to the factory’s capacity. The second portion of the project, launched the same month, will boost capacity by an estimated 2.5 million tires when it is finished in 2015.

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