Sumitomo Rubber expands tyre capacity in Brazil

Sumitomo Rubber Industries is investing 1.064 billion Brazilian Real to increase production capacity at its Fazenda Rio Grande plant: passenger/light truck tyre capacity from 18,000 to 23,000 per day by April 2024, and truck/bus tyre capacity from 1,000 to 2,200 per day by April 2025.

“By augmenting production capacity at our factory in Brazil, the Sumitomo Rubber Group aims to further strengthen our tire sales business in the Brazilian market while simultaneously taking a major step forward in advancing the global expansion of our overall business.”tyrepress.com

• 1 source
• tyrepress.comSumitomo Rubber boosting capacities at Brazil tyre plant - TyrepressStephen GoodchildJul 26, 2021

Summarized from public sources; check the original articles before acting on it.