Japanese tyre manufacturer Bridgestone Corporation announced it plans to close its tyre manufacturing plant in LaVergne, in the US state of Tennessee, as part of its strategy to “optimize the company’s business footprint,

Bridgestone stated that the closure is part of its strategy to "optimize its business footprint" and "strengthen its competitiveness" in the market.

Tire manufacturer Bridgestone Americas is closing its LaVergne, Tennessee, truck and bus radial tire plant and laying off 700 workers there, the company announced in a news release. Bridgestone said the closure will help the company “optimize its business footprint” and “strengthen its competitiveness.”

AKRON, Ohio — Tire manufacturer Bridgestone Americas is set to lay off a chunk of its workforce, and employees in Akron will be among those impacted.

Bridgestone tires is one of the most recognizable tire brands in America, but its ownership and place of manufacturing may come to surprise you.

Tire manufacturer Bridgestone Americas is closing its LaVergne, Tennessee, truck and bus radial tire plant and laying off 700 workers there, the company announced in a news release.Bridgestone said the closure will help the company “optimize its business footprint” and “strengthen its competitiveness.

Bridgestone explained it increasingly needs to optimize and manage costs, and therefore decided to close the LaVergne TBR Tire Plant. The closure will impact approximately 700 hourly and staff employees. The LaVergne Tire Plant in Tennessee began manufacturing TBR tires in 1972.

Tire manufacturer Bridgestone Americas is closing its LaVergne, Tenn., truck and bus radial tire plant and laying off 700 workers there, the company said in a release.

In Latin America, it plans reductions in workforce and production capacity in Argentina and Brazil. A spokesperson for Bridgestone did not immediately respond to questions on Friday morning about ...

Bridgestone announces the closure of the LaVergne Tire Plant and outlines business footprint optimization efforts for 2025.

A Bridgestone Americas spokesperson said Akron employees are being laid off as the company makes workforce cuts across the Americas.

The Price to Earnings (P/E) ratio, a key valuation measure, is calculated by dividing the stock's most recent closing price by the sum of the diluted earnings per share from continuing operations ...