Yokohama to build two new OTR plants in India and Mexico

Yokohama Rubber has announced plans to build two new mining and construction machinery tyre plants across India and Mexico.

The construction of the new plants is a follow-up to Yokohama Rubber’s February 2025 acquisition of Goodyear’s OTR (off-the-road) tyre business, with the OTR tyre production acquired from Goodyear to be transferred to the new plants.

Yokohama Rubber also plans to install new production equipment at the plants to expand their production capacity for giant (ultra-large) OTR tyres.

The new greenfield plant in India will be built in the state of Odisha and will have an annual production capacity of 9,150 tonnes (rubber weight), with a planned capital investment of US$130 million.

Construction is planned to begin in the third quarter of 2026, with production scheduled to start in the third quarter of 2028.

The new plant will take over a portion of the acquired OTR tyre production that currently is outsourced to Goodyear plants in Europe, the United States, and other regions.

The new brownfield plant in Mexico will be built on the same site as a new passenger car tyre plant currently under construction, as part of a Phase 2 expansion of that site. This new OHT plant in Mexico also will take over a portion of the OTR tyre production currently outsourced to Goodyear.

This plant will have annual production capacity of 10,650 tonnes (rubber weight), with the related capital expenditure amounting to US$115 million. Construction is planned to begin in the third quarter of 2026, with production scheduled to start in the second quarter of 2028.

In addition to establishing these two new plants, Yokohama Rubber said it is gradually transferring production of OTR tyre from Goodyear plants to an OTR tyre plant in Romania that the company acquired in May 2025 and to existing production sites in Japan, Czechia and India.