Bridgestone Invests Another $74 Million To Expand Its Des Moines Tire Plant
06/11/2012
The most recent $74 million expansion is an addition to a $77 million improvement project undertaken two years ago.
Bridgestone recently decided to invest an additional $74 million to its Firestone Tire factory on Second Avenue and Hoffman Lane in Des Moines, where it employees almost 1,700 workers.
The firm said it plans production enhancements to its tire production and curing buildings to meet the growing demand for the its commercial tire line, especially specialized radial agricultural, construction and forestry tires.
According to the firm's website, the Des Moines facility is currently hiring chemical assistants, maintenance engineering technicians, quality assurance workers and supervisors.
While state and local officials said the firm did not apply for assistance to help defray the cost of its latest expansion, two years ago the firm was awarded more than $100,000 in tax abatement credits and $600,000 in grants. No information was immediately available on whether the latest phase of enhancement will create additional jobs.
Most Read
-
-
A Site Selector’s Checklist for Locating in the U.S.
Location USA 2019
-
Where to Invest in the Booming Aerospace Manufacturing Industry
2019 Auto/Aero Site Guide
-
What Should High-Growth Companies Look for in a Community?
Q4 2019
-
Front Line: Trend Toward Microfactories Continues
Q4 2019
-
A Changing Food Manufacturing Industry
2017 Food Processing
-
33rd Annual Corporate Survey & the 15th Annual Consultants Survey
Q1 2019