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Morita, 52, will take over as CEO on Jan. 1. He’s currently the company’s chief strategy officer and has been with Bridgestone for almost three decades.

Bridgestone expects a tougher second half as its U.S. business faces a sharp drop in truck tire demand, tariffs take a toll and it deals with the fallout from a cyberattack that disrupted production.

NASHVILLE, Tenn. — Tire manufacturer Bridgestone Americas is closing its LaVergne, Tenn., truck and bus radial tire plant and laying off 700 workers there, the company said in a release.

Bridgestone Corp. experienced an increase in revenue but a decline in earnings during the second quarter of 2024, the company reported Aug. 9.

Profits at Bridgestone Corp. dived in the fourth quarter of 2023 on the back of what the Japanese tire manufacturer said Feb. 16 was a remarkable slump in demand.

Bridgestone Americas celebrated the expansion of its truck and bus radial tire plant in Morrison, Tenn., the company announced Aug. 16.

Bridgestone Americas has selected Steve Hoeft as president of its commercial truck group, the company announced Dec. 1.

Bridgestone Americas is adding 380 new manufacturing jobs as part of an expansion of its tire plant in Morrison, Tenn., the tiremaker announced Aug. 25.

Bridgestone Corp. is renewing its collaboration with Microsoft to accelerate advanced tire analytics integration, the company announced Aug. 4.

Bridgestone Americas and Pilot Co. announced select travel center locations will offer Bridgestone Fleet Care mobility solutions to provide actionable fleet tire intelligence.