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Bridgestone shutting Italian tire plant

Bridgestone Europe NV/SA (Brussels, Belgium) today announced its decision to close down its passenger car tire production facility in Modugno (Bari), Italy. The plant is fully owned by Bridgestone Italia S.p.A., a 100% subsidiary of BSEU. The Bari Plant is one of 8 Bridgestone tire plants in Europe. The other tire production facilities are located in Spain, France, Poland and Hungary.

The Bari plant has 21,000 u/d of capacity for passenger tires and the shut down is expected to be completed in 1H 2014.

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