Bridgestone Commits to $133 Mln Expansion

Tire maker PT Bridgestone Tire Indonesia said it will make new investment of Rp1.2 trillion ($133 million) to expand its production capacity over the next three years, Asia Pulse reported on Friday (2/11/07).

The production capacity of the company's factories in Karawang, West Java, will be expanded to 32,000 from 22,000 units a year at present, its sales department manager John Arsyad said.

The subsidiary of Japan's Bridgestone Corp. will expand its capacity by phases to keep pace with growing market demands from car makers in the country and abroad, Arsyad said.
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