Thursday, July 14, 2005

Tired of no tires?

At this year's ConExpo-Con/Agg show, one of the big issues that producers -- and even some manufacturers -- were talking about was the inability to obtain off-road tires. Well, Bridgestone Corporation, parent company of Bridgestone Americas Holding, Inc. (BSAH), recently announced that it will expand production capacity for large and ultralarge radial tires for mining and construction equipment and other off-the-road equipment. This move is in response to growing global demand for those tires. It becomes part of a sweeping capital spending program that the Bridgestone Group is undertaking worldwide. Earlier, Michelin announced plans to build a new plant. In short, tires manufacturers got the message. Your comment?