The Yokohama Rubber Co. said it intends to build a new consumer/light-truck tire plant at the Alianza Industrial Park in Saltillo, Coahuila, Mexico, after approval by the board.
“This is a clear signal that Yokohama is committed to the North American market,” said Jeff Barna, Yokohama Tire Corp. (YTC) president and CEO. “The increased production capabilities will supplement existing global capacity for tires destined for our region.”
With an initial capital investment of $380 million, the plant will be built on a 150-acre site, according to Yokohama Tire.
The company said it expects to start construction in the second quarter.
The facility is set to begin production in early 2027, with a planned annual output of 5 million tires.