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Article: BFS to invest $12M in Ill. OTR tire plant; Big tires, bigger capacity.(News)
- Article from:
- Tire Business
- Article date:
- January 21, 2008
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Byline: Bruce Meyer Crain News Service
Bridgestone/Firestone (BFS) plans to expand capacity over the coming five years at its off-the-road (OTR) tire plant in Bloomington, a project made possible by the company's recent contract with union workers at the facility.
The firm will invest at least $12 million through 2012 at the factory to add capacity for new sizes and double curing capacity for giant loader tires. The expansion, which follows the completion of a five-year labor agreement a few weeks earlier, will result in additional jobs, including up to 50 this year, the company said.
"The agreement was really a critical cornerstone of this ...