Bridgestone to Build Ohio Plant for Non-Fossil-Based Synthetic Rubber

URLhttps://www.thomasnet.com/insights/bridgestone-ohi
SourceThomasnet
Date Published11/01/2024
Author NameNolan Beilstein

Additional Reshoring Information:

Company/Division name Bridgestone
Parent companyBridgestone
Type of work Manufacturing
Reshoring category:Foreign Direct Investment
Year reshoring announced:2024
Year reshoring implemented or to be implemented:2050
Capital investment ($):9
Country(ies) from which reshored:Japan
City reshored to:Akron
State(s) reshored to:OH
If relevant, work nearshored to:-
Industry(ies):Plastic & Rubber Products
Product(s) reshoredtires
What non-domestic negative factors made offshoring less attractive?Green considerations
What domestic positive factors made reshoring more attractive?Government Incentives, Proximity to customers/market
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