Tag: bridgestone

Bridgestone to go on cost cutting measures amid lower sales

Japan’s Bridgestone Corporation during its latest earnings call, detailed its strategy to navigate current market challenges and outlined its financial performance for the second quarter of fiscal 2024. The company reported an increase in revenue but a decrease in adjusted…

Bridgestone to invest in mining tyre plant in Japan

Japan’s Bridgestone Corporation says that it will invest ¥25 billion to upgrade equipment for certain facilities at the Kitakyushu Plant, which produces tyres for mining and construction vehicles. This upgrade will be completed by the end of 2027. This strategic…

JAL/Bridgestone expand tyre wear tech to jet aircraft

Japan Airlines Co and Bridgestone Corporation have expanded the application of tyre wear prediction technology to implement scheduled tyre replacement operations for large jet aircraft, including the Airbus A350-900, which has been operated by JAL since May 2024. Aircraft tyres…

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…