Bridgestone is a global tire supplier with a strong reputation for producing premium tires. Read what makes BRDCY stock a potential investment opportunity.
Bridgestone Americas plans to incorporate the truck/bus tire manufacturing capacity from its soon-to-close LaVergne, Tenn., factory at other plants in the Americas, but the company is not sharing specifics.
Bridgestone Americas Inc. announced Jan. 23 that it will close its LaVergne, Tenn., plant, which will result in the loss of about 700 jobs. It's the latest of a series of moves intended to streamline the tire maker's operations.
Bridgestone is forecasting 4% growth in operating earnings in fiscal 2025 despite a projected 2% drop in the revenue.