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Yokohama Rubber to build truck and bus tire plant in Mississippi

The new plant is slated to be built on over 500 acres and represents Phase I of Yokohama’s overall plan for the site. Potential expansions could increase the original business size up to 4 times or so in scale in accordance with future business growth.

The Trucker News Services

4/29/2013

The Yokohama Rubber Co. will build a truck and bus tire plant in West Point, Miss., through recently passed legislation, resulting initially in 500 new jobs, with the potential to create up to 2,000 total jobs, state officials said.

With a capital investment of $300 million, the Japanese tire maker plans to build the new plant with an annual production capacity of 1 million tires. Under the company’s plan, the construction will begin by September this year for starting production in October 2015.

Yokohama Rubber has been providing tires to the North American market through GTY Tire Co., a U.S. joint venture company specialized in manufacturing TB tires, and through export from Japan and Thailand. Yokohama Rubber, however, considered it necessary to build the new plant so as to accommodate the increasingly growing demand for its brand and further strengthen a system aimed at “local production for local consumption.”

The new plant is slated to be built on over 500 acres and represents Phase I of Yokohama’s overall plan for the site. Potential expansions could increase the original business size up to 4 times or so in scale in accordance with future business growth.

The Trucker staff can be reached to comment on this article at editor@thetrucker.com.

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JB Hunt