TOKYO -- Yokohama Rubber will build a factory in India for construction and heavy equipment tires, bolstering its specialty lineup in response to the price war in the automotive realm.
The $165 million facility is slated to start production in spring 2023, and have a daily production capacity of 55 tons, according to a Friday statement. This will be the Tokyo-based tire maker's first new facility since a U.S. plant opened in 2015 in the state of Mississippi.
