The newly formed Yokohama Tire Manufacturing Mississippi (YTMM), a manufacturing subsidiary of Yokohama Tire Corporation, officially broke ground on its new commercial truck tire manufacturing plant in West Point, Miss. on Sept. 23, 2013. The plant is slated to begin operations in October 2015.
Yokohama is making an initial $300 million investment in the facility with approximately 500 jobs expected to be created at first phase. The roughly 1-million-square-foot factory, to be constructed on more than 500 acres of land, will include production, warehousing and operations facilities, and will produce up to one million tires annually.
“Today is a very exciting day as Yokohama prepares to begin construction of its very first U.S. manufacturing facility to be built from the ground up,” said Mississippi Gov. Phil Bryant. “Just five short months ago, the company announced its plans to locate these operations in West Point, and I am grateful to the Yokohama team and those at the state and local levels for working so quickly to get this project underway. I look forward to visiting again in the near future as we celebrate the grand opening of Yokohama’s tire manufacturing plant and once again prove to the world that Mississippi is a great place for business.”