Bridgestone reorganizes two steel cord businesses in Japan
Bridgestone Corporation of Japan announced that in order to enhance its competitiveness in the global market, the company will reorganize two steel cord factories in Kuroiso and Saga, and The relocation of the business to the Saga factory has already started and it is expected to be completed by the end of September 2014. By then, the Blackrock factory will be closed. The Black Rock facility has been in operation for 42 years. At present, the total number of employees is about 350. It can produce 47,000 tons of steel cord annually. In addition, it can also produce 0.62 million tons of hose wire and 29,000 tons of bead wire every year. The Saga Plant began operations in 1982 and can produce about 90,000 tons of steel cords and 700 tons of steel wire for cables each year. The company said that it had taken a series of measures to enhance the competitiveness and profitability of its factories in Heiji. However, it was constrained by the ever-increasing competition in the steel cord industry, and the competitiveness of the Heiji plant continued to be low, eventually prompting it to close down the plant. decision.
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