Tag: bridgestone

Bridgestone expands hose business through acquisition of HosePower

Bridgestone HosePower (HosePower), a wholly owned indirect subsidiary of Japanese tyre maker Bridgestone Corporation, announced that it has acquired Greenville, South Carolina-based Cline Hose & Hydraulics. The acquisition furthers the expansion of HosePower’s hydraulic and industrial hose solutions and service business. Terms…

Bridgestone sells Russian assets to S8

Tyre maker Bridgestone’s European subsidiary has announced the sale of its Russian assets to S8 Capital, a Russian diversified holding company. The deal has received all necessary regulatory approvals. The agreement includes a tyre manufacturing plant in Ulyanovsk and a…

Bridgestone closes down Rangsit tyre plant in Thailand

Bridgestone Corporation (Bridgestone) has announced that it is consolidating its tyre manufacturing operations in Thailand. With this, it has ceased tyre manufacturing operations at the Rangsit plant of Thai Bridgestone Co (TBSC) as part of its efforts to “rebuild earning…