A press release by the company also informs that the facility successfully passed Germany's quality controls, as they were approved as tire suppliers.

" ... it will produce the replacement tire for a sedan model", reports Nacion.com. "The tires will be included as original equipment in all Volkswagen vehicles manufactured at their plant in Chattanooga, Tennessee (U.S.)".

Source: Nacion.com

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$510 million Tire Factory in Mexico

July 2016

Michelin has announced a production plant in Leon, Guanajuato, to manufacture high quality tires for passenger cars and light trucks.

The new plant will be number 21 of the Michelin Group in North America and the 69th worldwide. Michelin's announcement indicates that their location reflects the commitment of the company to produce its tires as close as possible to the markets where its customers are based.

Regional Concentration in Tire Production

March 2015

Bridgestone has announced the creation of a new division called Mexico and Central America, which involves the merger of operations in Costa Rica and Mexico, which together produce 11 million tires a year.

From next year the new division will be responsible for the markets of South America, Central America, Ecuador and the Caribbean.

Bridgestone’s New Financial Services Center

October 2012

Bridgestone's accounting operations in at least seven countries in Latin America will be managed from Costa Rica in its new Shared Services Center in San Jose.

A statement from the Costa Rican Coalition for Development Initiatives (CINDE) reads:

• Costa Rica was selected as the site for operations after a rigorous review process.

Bridgestone to Buy more Raw Materials from Guatemala

October 2010

Company president said he discussed increasing current orders of 600 tons per month.

Guatemala is the largest supplier of natural rubber for Bridgestone in Costa Rica. About 600 tons of rubber of the 1.000 tons per month used, are produced by plants from small farmers in Guatemala.