Yokohama acquires Romanian plant for OHT production
Yokohama Rubber has just announced their latest acquisition of the fixed assets including land, building production machinery of a closed production plant in Romania. Through the company’s off-highway tyre (OHT) subsidiary Yokohama TWS Romania S.R.L. The acquisition follows the recent acquisition of Goodyear Tire & Rubber’s OTR business to achieve ‘Hockey Stick Growth’ as part […]
Yokohama Rubber has just announced their latest acquisition of the fixed assets including land, building production machinery of a closed production plant in Romania. Through the company’s off-highway tyre (OHT) subsidiary Yokohama TWS Romania S.R.L.
The acquisition follows the recent acquisition of Goodyear Tire & Rubber’s OTR business to achieve ‘Hockey Stick Growth’ as part of Yokohama’s medium-term management plan for the fiscal years from 2024 to 2026. Which will significantly increase the Group’s manufacturing capacity in mining and construction machinery tyres in Europe.
It also represents a key part of Yokohama’s future ambition to expand its current OHT product portfolio and production and supply capabilities in all categories including tyres for mining and construction machinery. In a concerted effort to further strengthen the company’s market status and competitiveness in OHT business and enhance its corporate value.
Yokohama Rubber has just announced their latest acquisition of the fixed assets including land, building production machinery of a closed production plant in Romania. Through the company’s off-highway tyre (OHT) subsidiary Yokohama TWS Romania S.R.L. The acquisition follows the recent acquisition of Goodyear Tire & Rubber’s OTR business to achieve ‘Hockey Stick Growth’ as part […]
