|Price Range 12mo avg:||$2M – $3.1M|
|$/sf 12mo avg:||$302.07|
|CAP Rate 12mo avg:||6.56%|
|Lease Terms:||15yrs NN|
|Building Size avg:||7,700 SF|
|Lot Size avg:||1.15+/- acres|
The Bridgestone Group is the world’s largest manufacturer of tire and rubber products.
Bridgestone Americas’ corporate family traces its roots to two distinguished companies— The Firestone Tire & Rubber Company, which Harvey Firestone formed in Akron, Ohio in August 1900, and the Bridgestone Tire Company Ltd., which Shojiro Ishibashi started in Japan in 1931.
Bridgestone Corporation purchased Firestone in 1988 for $2.6 billion, transforming the companies’ combined operations into the world’s largest tire and rubber company. The operations in the Americas were renamed Bridgestone/Firestone, Inc. and became the largest subsidiary of Bridgestone. As part of its integration with Bridgestone’s existing U.S. operations, Bridgestone/Firestone moved its headquarters from Akron to Nashville in 1992.
Today, this subsidiary, now named Bridgestone Americas (BSAM), consists of an international family of enterprises with 52 production facilities and more than 50,000 employees throughout the Americas.
BSAM and its subsidiaries develop, manufacture and market a wide range of Bridgestone, Firestone and associate brand tires to address the needs of a broad range of customers, including consumers, automotive and commercial vehicle original equipment manufacturers, and those in the agricultural, forestry and mining industries. The companies are also engaged in retreading operations throughout the Western Hemisphere and produce air springs, roofing materials, and industrial fibers and textiles. The BSAM family of companies also operates the world’s largest chain of automotive tire and service centers.
|S&P Credit Rating:||N/A|
|Moody’s Credit Rating:||N/A|
|Annual Revenue 2014:||$30.6M|
|Annual Revenue 2013:||$29.7M|
|Revenue Growth:||↑ 3% from 2013|
|Units (Dec. 2014)||2,200|
|Average Units Volume:||$13.9K|
Auto Dealers Seek To Approve $115M Price-Fixing Settlement
on September 19, 2018 at 1:18 am
Parts manufacturers including Bridgestone, Diamond Electric and Mitsuba also must continue to cooperate in the case and provide detailed ... […]
Firestone reduces Liberia rubber wood output as low prices bite
on September 18, 2018 at 10:52 pm
Firestone, a subsidiary of tire producer Bridgestone Americas, signed a 99-year contract with the Liberian government in 1926. Its plantation covers ... […]
IOC Signs Alliance With Allianz As Global Partner, Official Insurer Beginning 2021
on September 18, 2018 at 8:26 pm
Current IOC top-tier partners include Alibaba Group, Atos, Bridgestone, Coca-Cola, Dow, GE, Intel, Omega, Panasonic, Procter & Gamble, Samsung, ... […]
Targeted Display: The digital tool you need to grow your business
on September 18, 2018 at 7:30 pm
Bridgestone Metalpha USA (BMU) is a radial tire steel cord-manufacturing affiliate which has been operating in Clarksville for the past 22 years. […]
Justin Thomas to get a taste of a different cup
on September 18, 2018 at 6:22 pm
FILE - Justin Thomas watches his tee shot on the fifth hole during the final round of the Bridgestone Invitational golf tournament at Firestone Country ... […]
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