Bridgestone Americas is investing $51 million to expand its Firestone Industrial Products air springs plant in Williamsburg, Kentucky, adding 68,000 square feet and 250 jobs to meet growing demand from the electric vehicle sector.
LafargeHolcim has signed an agreement to acquire Firestone Building Products (FSBP) from Bridgestone Americas for $3.4 billion. FSBP is a leader in commercial roofing and building envelope solutions with 2020 estimated net sales of $1.8 billion. The transaction is expected to close in the second quarter of 2021.
Bridgestone agreed to sell its Firestone Building Products unit to LafargeHolcim for $3.4 billion.
Firestone Building Products, a subsidiary of Bridgestone Americas, opened its first greenfield plant in Heinsberg, Germany, to supplement insulation production for global roofing solutions.
Bridgestone Americas announced a $12 million investment to expand production of off-the-road tires at its Bloomington, Illinois plant, adding 29-, 33- and 35-inch tire sizes previously only made in Japan. The expansion will create 30 new jobs.
Bridgestone Americas announced an additional $180 million investment in its Wilson, North Carolina passenger tire plant, bringing total investment to $344 million. The expansion includes a new rubber mixer, 16 jobs, and will increase daily capacity by 3,000 tires to 35,000 by 2018.
| Site | Largest | Latest |
|---|---|---|
| Williamsburg, United States | $51.0M | 2021-05-27 |
| Bloomington, United States | $12.0M | 2018-07-18 |
| Wilson, United States | $180.0M | 2017-01-09 |