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.”
Bridgestone tires is one of the most recognizable tire brands in America, but its ownership and place of manufacturing may come to surprise you.
Bridgestone Americas, the group company of Bridgestone Corporation, announced it would close its La Vergne Truck and Bus Radial Tire Plant effective July 31. The decision to close the plant it part of the company’s “strategic initiatives to optimize its business footprint,
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.
Bridgestone announces the closure of the LaVergne Tire Plant and outlines business footprint optimization efforts for 2025.
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