Yokohama Tire Manufacturing Mississippi (YTMM), a newly established manufacturing subsidiary of Yokohama Tire Corp., recently broke ground on its new commercial truck tire manufacturing plant in West Point, Miss.
Yokohama is making an initial $300 million investment in the facility and approximately 500 jobs are expected to be created at first phase. The plant is scheduled to begin operations in October 2015.
The groundbreaking event was attended by Hikomitsu Noji, president and representative director of the Yokohama Rubber Co.; Mississippi Governor Phil Bryant; Yokohama executives; state officials and more than 350 guests, according the company.
“This is a great day for Yokohama, Mississippi and the community of West Point,” said Tadaharu Yamamoto, YTMM’s president. “As we move forward with construction of our new tire-making facility, I’d like to personally thank Gov. Bryant, his staff and all the people in Mississippi for their support on this incredible endeavor. There’s no question we made the right choice coming to Mississippi with this project.”
The roughly 1-million-square-foot factory will be constructed on more than 500 acres of land, and include production, warehousing and operations facilities. It will produce up to one million tires annually.
“Today is a very exciting day as Yokohama prepares to begin construction