Business

Bridgestone expands Firestone industrial products plant

The $51 million investment in the Firestone Industrial Products’ (FSIP) plant will help meet market demand in the automotive vehicle market with a focus on the electric vehicle sector.

Published: June 9, 2021

Firestone-Industrial-Products-Plant-expansion

Bridgestone Americas is expanding the company’s Williamsburg, Kentucky air springs manufacturing plant.

The $51 million investment in the Firestone Industrial Products’ (FSIP) plant will help meet market demand in the automotive vehicle market with a focus on the electric vehicle sector. The expansion of the facility is expected to break ground the second quarter of this year and wrap up by the end of 2022.

The expansion will focus on the addition of 68,000 sq. ft. of manufacturing space to accommodate new equipment that will increase plant capacity. This investment also includes increasing the workforce at the Williamsburg plant by 250 employees.

FSIP also manufactures Ride-Rite, Airide, Airide Pro, Airogear and Marsh Mellow air springs.

Wallbox appoints Luis Boada as chief financial officer

Boada has close to two decades of experience in corporate development, finance and investor relations in both North American and European markets.

By Christian Hinton

Published: April 18, 2024

Wallbox, a global provider of electric vehicle (EV) charging and energy management solutions in Barcelona, Spain, revealed that Luis Boada will join the company as chief financial officer, effective May 15.

Following a transition period, Wallbox also will propose the appointment of Jordi Lainz as a member of the board of directors during the 2024 Annual General Meeting of shareholders.