New Yokohama Tire Plant in Mexico Will Provide Additional Capacity to North American Market
SANTA ANA, CA. – (Mar. 18, 2024) – The Yokohama Rubber Co., Ltd. (YRC) has announced its intent to build a new consumer/light truck tire plant at the Alianza Industrial Park in Saltillo, Coahuila, Mexico after approval by the YRC board today.
“This is a clear signal that Yokohama is committed to the North American market,” said Jeff Barna, Yokohama Tire Corporation (YTC) president and CEO. “The increased production capabilities will supplement existing global capacity for tires destined for our region,” Barna said.
The modern plant with an initial capital investment of $380M will be built on a 150-acre site. Construction is expected to begin in the second quarter of 2024 and the facility is set to begin production in early 2027 with a planned annual output of 5 million tires.
About Yokohama Tire Corporation
Yokohama Tire Corporation is the North American manufacturing and marketing arm of Tokyo, Japan-based The Yokohama Rubber Co., Ltd., a global manufacturing and sales company of premium tires since 1917. Servicing an extensive sales network throughout the U.S., Yokohama Tire Corporation is a leader in technology and innovation. The company’s complete product line includes tires for high-performance, light truck, passenger car, and commercial truck and bus. For more information on Yokohama’s broad product line, www.yokohamatire.com and www.yokohamatruck.com.
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Yokohama is a strong supporter of the tire care and safety guidelines established by the U.S. Tire Manufacturers Association and the National Highway Transportation and Safety Administration. Details can be found at the “Tires 101” section at www.yokohamatire.com.