In response to the growing demand for tires for full-size motorcycles in Asia, Sumitomo Rubber Industries, Ltd. has decided to install equipment for the production of radial tires for motorcycles at its Thailand Factory. With a total investment of approximately 1.4 billion yen, the new facility is scheduled to begin production in January of 2015.
In recent years, there has been a growing demand for motorcycle tires in Thailand, a major motorcycle producer, to match the global recovery in demand for full-size motorcycles. At present, Sumitomo Rubber Industries produces radial tires for motorcycles at its Nagoya Factory (located in Toyota, Japan) and, with the establishment of this new production facility as part of our Thai manufacturing subsidiary, Sumitomo Rubber Thailand, our Group is working to meet rapidly growing demand throughout Asia.
Production Item
:
Radial Tires for Motorcycles
Capital Expenditure
:
Approximately 1.4 Billion Yen
Start of Production
:
January 2015
Production Capacity
:
64,000 Tires/Month (by the end of 2018)
Company Name
:
Sumitomo Rubber (Thailand) Co., Ltd.
President
:
Toru Nagahata
Location
:
Amata City Industrial Estate, Rayong Province, Thailand
Establishment
:
May 2005
Business
:
Production and sale of radial tires for passenger cars
Sumitomo Rubber Industries, Ltd. is a Japan-based tire manufacturer. The Company operates in three business segments. The Tire segment manufactures and sells tires and tubes for automobiles, construction vehicles, industrial vehicles, race rallies and motorcycles. The Sports segment is engaged in the manufacture and sale of sports items, including golf clubs, golf balls and other golf-related supplies, and tennis-related supplies, as well as the operation of golf tournaments, golf and tennis schools and fitness center. The Industrial Products and Others segment offers vibration suppression dampers, printing blankets, medical precision rubber, slope for wheelchair, and fenders, among others.