Yokohama expanding production capacity at Philippines plant

Yokohama Rubber is expanding production capacity at its passenger car tyre production facility in the Philippines.

The company plans to invest about ¥8.4 billion (about €52m) to expand the plant’s daily output capacity to 32,500 tyres, an increase of 1,800 tyres/day.

In addition to expanding capacity of tyre sizes currently being produced, the planned expansion will include a new line that will expand the plant’s size lineup to 21- and 22-inch tyres.

Established in April 1996, Yokohama Tire Philippines, Inc. (YTPI) has been manufacturing Yokohama tyres primarily for export to the global market. It currently produces 13-20 inch tyres for passenger cars and SUVs.

The majority of its output is shipped to Europe, North America, and the ASEAN region for use as replacement tyres, with the rest shipped to automobile makers in North America and Asia for use as original equipment on new cars.