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Massive investment for Ladysmith is in the works. Didn't even know such a massive plant existed in Ladysmith. Good to see some of the secondary towns far away from Durban, PMB, and Richards Bay getting some noteworthy investments...

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Published on October 14, 2014
SRI to expand South Africa plant


Sumitomo Rubber said the expansion of its Ladysmith, South Africa, plant will help support its tire business throughout the African continent and accelerate the pace of its global expansion.
Crain News Service report


DURBAN, South Africa (Oct. 14, 2014) — Sumitomo Rubber Industries Ltd. is investing $100 million through 2017 at its plant in Ladysmith, South Africa, to expand overall capacity and upgrade capacity for high-performance tires...

...SRSA did not say how the expansion will affect employment at the 3.34 million-sq.-ft. plant, which stands at 1,100

More here: http://www.tirebusiness.com/article/20141014/NEWS/141019963/sri-to-expand-south-africa-plant
 

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Sumitomo Rubber’s truck and bus tyre plant starts production




Sumitomo Rubber South Africa (SRSA), manufacturer of the Dunlop tyre brand, has officially started production at its truck and bus radial (TBR) tyre manufacturing plant in Ladysmith, KwaZulu-Natal.

Japanese company Sumitomo Rubber Industries, the world’s fifth-largest producer of automotive tyres and industrial rubber products, acquired a South African tyre manufacturing plant in December 2013, resulting in the birth of SRSA.

The acquisition facilitated the procurement of an established manufacturing location in Africa, as well as control of the Dunlop brand rights for the entire continent.

In 2014 SRSA announced the first phase of a multibillion-rand investment, focused on the upgrading and modernisation of the plant’s capacity, and introducing new technology and equipment aimed at increasing manufacturing output of passenger and sports-utility vehicle (SUV) tyres.

Current passenger and SUV production capacity is around 12 500 tyres a day.

In 2016 a further R970-million was injected into the underutilised land adjacent to the existing plant, with the purpose of enabling SRSA to introduce and manufacture TBR tyres locally.

Planned production capacity by 2020 is 750 tyres a day.

The factory employs 1 060 people, with more than 80% of the workforce hailing from Ladysmith and surrounding areas.

http://www.engineeringnews.co.za/article/sumitomo-rubbers-truck-and-bus-tyre-plant-starts-production-2018-08-07
 

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Edit: not sure why my post has a sad face. This is positive news!

Sumitomo Rubber Unveils R970 million Tyre Production Facility in KwaZulu Natal



Sumitomo Rubber South Africa (PTY) LTD (SRSA), manufacturer of the popular Dunlop, Sumitomo and Falken tyre brands, officially launched its new, state-of-the-art Truck and Bus Radial (TBR) factory in Ladysmith, KwaZulu-Natal on Tuesday, 02 October 2018.

This second phase of SRSA’s multi-billion-rand investment to upgrade and modernise the plant’s capacity saw a further injection of R970 million to introduce and manufacture truck and bus tyres locally, bringing the total investment into the Ladysmith facility since 2014 to more than R2 billion.

VIP guests, stakeholders and dignitaries were given an opportunity to tour the world-class TBR factory. They included government and industry representatives together with President and CEO of Sumitomo Rubber Industries, Ikuji Ikeda, who delivered an address and unveiled a plaque to mark the opening of the facility.

He said: “Sumitomo Rubber South Africa has been a part of Sumitomo Rubber Industries group company from December 2013 and from then we have worked together to step ahead in various areas of the business, such as safety, Passenger Car Radial tyre production, quality, products, sales channel and people. This marks the first time Sumitomo Rubber Industries has established a Truck and Bus Radial factory outside of Asia.”

Ikeda said the the reasons for proceeding with the investment – despite the challenges of developing a TBR factory from scratch – included the African market’s potential and particularly the Free Trade Agreement which would support SRI’s business initiatives.

http://www.engineeringnews.co.za/article/sumitomo-rubber-unveils-r970-million-tyre-production-facility-in-ladysmith-2018-10-02/rep_id:4136
 

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SA needs to think big

The opening of Sumitomo Rubber South Africa’s new truck and bus tyre factory in Ladysmith last week was a great moment for industry in South Africa.

A gigantic R970 million was invested to build a new factory. This was superseded by more than R1 billion that was spent to upgrade the existing factory since 2014.

It has been by far the biggest investment in that region for many years.

Japan’s Sumitomo Rubber Industries is congratulated for bringing new jobs and economic opportunities to a region desperately short of both.

On route to Ladysmith, one drives past the Ezakheni industrial area, and its rows of empty, dilapidated factory buildings that are testimony of the extent of the jobs holocaust that low growth, policy blundering and deindustrialisation have wrought upon that part of the world.

In this context, Sumitomo’s investment, their only truck and bus tyre factory outside of Asia, seems even more remarkable.

It made me realise just how much resolve it must have taken to create those 1 100 direct jobs at the factory, and to bring a new factory up to the standard where it can produce products that meet demanding international quality specifications.

https://www.news24.com/SouthAfrica/News/sa-needs-to-think-big-20181010
 
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