With production expected to be completed by the end of 2026, the USD 550 million investment is expected to create 380 jobs and support the increased production of CV tyres, all equipped with RFID (radio frequency identification) tags that enable more efficient asset management, including retreading.

Steve Hoeft, who was previously COO replaces Chris Ripani as President of Bridgestone's CTG division, effective immediately.

The investment will expand and renovate its tyre plant in Heredia, Costa Rica, adding an additional 160 jobs and increasing production by 36% of its premium tyre range.

The tyre manufacturer plans to plant up to 25,000 acres in the southwestern USA with guayule, a sustainable source of natural rubber.

Bridgestone Americas Inc has entered into an agreement with LanzaTech NZ Inc, a carbon capture specialist, to co-develop an end-of-life recycling process for used tyres.

Nashville, Tennessee-based subsidiary of Japan’s Bridgestone Corporation, Bridgestone Americas Inc, has made a minority investment in May Mobility, an autonomous vehicle technology firm based in Ann Arbor, Michigan.

Bridgestone will serve as official U.S. launch partner for Einride's electric and autonomous vehicles, which will be deployed in the tyre manufacturer's fleet.

Bridgestone Americas has made a minority investment in Kodiak Robotics. The partnership will allow Bridgestone to integrate its smart-sensing tyre technologies and fleet solutions into Kodiak's level 4 autonomous trucks.

Bridgestone Americas is expanding its Williamsburg, Kentucky, air springs manufacturing plant. The USD51m investment in the Firestone Industrial Products' plant will help meet market demand in the automotive vehicle market with a focus on making products for electric vehicles.