Yokohama moving quickly to build tires in Mississippi

By Dennis Seid

Daily Journal

WEST POINT – In about two years, Yokohama Tire Corp. will roll out the first tire from its $300 million manufacturing plant in West Point. It will be Yokohama’s first ground-up facility in the U.S., and it also represents the fastest construction time of any Yokohama plant to date.

“Yes, we are moving quickly,” said Tadaharu Yamamoto, president of Yokohama Tire Manufacturing Mississippi.

And speed has been key to the project all along.

Take Yamamoto, who just wrapped up his first week in his new role on Monday. Before being name the president of the plant here, he led Yokohama’s plant in the Philippines. That facility, which produces 7 million tires a year, is the sister plant for YTMM.

The West Point plant will produce 1 million tires annually during the first phase of construction and manufacturing, which will lead to 500 jobs. Officials hope for three additional phases to add another 1,500 jobs and another $700 million in investment.

Read more at the Biz Buzz blog.