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Yokohama Rubber will build a plant in Russia

Yokohama Rubber will build a plant in Russia

Classification:
Industry news
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Release time:
2019/04/03
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[Abstract]:
YokohamaRubberCo.,Ltd.(President:NanYunZhongxin)submittedafactoryapplicationtotheLIPETSKSpecialEconomicZoneinDecemberthisyearinordertoproducetireslocallyinRussia.Ithasnowbeenapprovedandwillbeapprovede
Yokohama Rubber Co., Ltd. (President: Nan Yun Zhongxin) submitted a factory application to the LIPETSK Special Economic Zone in December this year in order to produce tires locally in Russia. It has now been approved and will be approved early next year. Formally signed.
A total of 20 hectares of land was applied for this time. The new plant is scheduled to have an annual production capacity of 1.4 million and will be put into production in 2011. The factory plans to invest a total investment of 3.5 billion rubles (about 11 billion yen) for production equipment.
Since the establishment of the sales company in Moscow in April 2005, Yokohama Rubber has been focusing on increasing the sales volume of high-performance passenger car tires, and is also integrating and expanding its sales network.

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