The Yokohama Rubber Co.,Ltd.announced that its domestic tyre mould production subsidiary Yokohama Mold Co.,Ltd.(YMC)will expand production capacity at Yokohama Mold(Thailand)Co.,Ltd.(YMTC),the group's mould production subsidiary in Thailand.The capacity expansion is aimed at strengthening the group's supply chain in the ASEAN region.Construction of the new facilities began in January 2021,with completion planned for the end of this year.YMTC was established in 2018 in the Thai province of Rayong.It supplies tyre moulds used in passenger car tyres and light truck tyres to Yokohama Rubber's tyre manufacturing plants in Japan,Thailand,the Philippines,India and other countries.
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