Yokohama Rubber Co., Ltd. announced on May 22, 2025, that it has acquired the fixed assets of a closed plant in Romania through its subsidiary, Yokohama TWS Romania S.R.L. This includes land, building, and Off-the-Road tire production machinery. The acquisition, following the purchase of The Goodyear Tire & Rubber Company's OTR business, is part of Yokohama Rubber's strategic plan to enhance its production capacity for mining and construction machinery tires in Europe, as part of its medium-term management plan, Yokohama Transformation 2026.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. YRC - Yokohama Rubber Co. Ltd. published the original content used to generate this news brief on May 22, 2025, and is solely responsible for the information contained therein.