Bridgestone investing $300M Joliette, Que. tire plant
Expansion will increase capacity by 3,000 SUV and light truck tires per day.
JOLIETTE, Que. — Bridgestone Canada Inc. is expanding its Canadian passenger and light truck tire plant in Joliette, Que. as part of a potential $300 million investment over five years.
The Nashville-based tire manufacturer, with 50 production facilities around the world, said the multi-phase expansion is to break ground this year, and will produce larger diameter tires for pickup trucks and SUVs.
New technologically advanced equipment that will increase productivity will be phased in over the five-year period, increasing plant capacity by 3,000 tires per day and bringing daily production to 20,000 tires per day by 2023.
The expansion will be helped along by a $44 million loan and $10 million non-repayable contribution from the Quebec government.
Tire Business reports the plant will be expanded 13% to 1.13 million square feet.
The plant, which is celebrating its 50th anniversary this year, employs 1,300 people.
It produced its 150 millionth tire in 2014 and is the largest private employers in the Lanaudiere region of Quebec.