Bridgestone recently held a groundbreaking ceremony for its new plant in Ulyanovsk Oblast, Russia, which is expected to start production in the first half of 2016.

Bridgestone Breaks Ground on New Russian Tire Factory
Bridgestone Breaks Ground on New Russian Tire Factory

Bridgestone said that the capacity of the new plant by 2018 is expected to reach 12,000 pieces/day, mainly for the production of radial tires in Russia and its neighboring countries. Some of the production capacity will also be used for the production of winter tires.

The new plant is located in the Zavolzhye industrial park in central Russia, 560 miles southeast of Moscow. Bridgestone announced this construction project a year ago. The company said that by 2018, the number of employees in the new plant will exceed 800.

The demand for cars in the Russia/CIS market is expected to grow in the future. Bridgestone's construction of this project is to meet the demand of the local and surrounding markets with Russia's local production capacity. The company has previously expanded its retail channel network further. Expanded local business.