Strategic Development Group helps Bridgestone APM Company locate new facility in New York
Strategic Development Group (SDG), one of the nation’s leading corporate site selection and economic development consultants, has helped Bridgestone APM Company locate and secure a site in Wheatfield, New York (Niagara County) where the company will produce seat foam for the automotive market. The new project was announced last week.
Bridgestone APM will lease a building and invest an additional $5 million in machinery and equipment. The 65,000 square-foot facility will be constructed on an 11-acre site, and is projected to create about 90 new jobs within five years.
Strategic Development Group provided site selection services and facilitated incentive negotiations with state and local government officials and utilities.
“It has been a privilege to help find a highly strategic site and to negotiate incentives on behalf of a company like Bridgestone APM – one that desires to contribute positively to a community,” said SDG President Mark Williams. “This announcement will have long-term positive impact on both the company and the community.”
The new plant announced this week is the most recent collaboration between SDG and Bridgestone APM – a relationship that began in 2003. SDG first helped Bridgestone APM locate its fourth U.S. production facility in Dickson, Tennessee at that time, and it has been called on by Bridgestone’s leaders numerous times during the last decade. SDG assists companies across a wide variety of industries, but one of its areas the firm specializes in is helping automotive suppliers.
“We find it extremely rewarding to develop long-term relationships with our clients, so we can effectively collaborate, act as an extension of their team, and understand how they can be most successful,” said Williams. “We count it a huge honor to work with this industry leader.”
About Strategic Development Group
Strategic Development Group (www.StrategicDev.com), headquartered in Columbia, S.C., is a site selection, incentive negotiation, and economic development consulting firm, providing services for companies and communities worldwide. SDG has completed several successful projects during the last 12 months, in addition to working with Bridgestone APM. Recent examples include Commercial Metals Company’s steel mill in Durant, Okla. (300 jobs), Bridgestone Americas’ consolidated headquarters facility in Nashville, Tenn. (1,700 jobs), automotive supplier JTEKT’s new North American headquarters in Greenville County, S.C., and Indorama Ventures’ ethane cracker facility in Lake Charles, La. (125 jobs).
About Bridgestone APM Company
Bridgestone APM Company is an anti-vibration products, energy absorption pads, interior cushions automotive parts manufacturer and is a wholly owned subsidiary of Bridgestone Corporation located in Tokyo, Japan.
About Bridgestone Corporation
Bridgestone Corporation, headquartered in Tokyo, is the world’s largest tire and rubber company. In addition to tires for use in a wide variety of applications, it also manufactures a broad range of diversified products, which include industrial rubber and chemical products and sporting goods. Its products are sold in over 150 nations and territories around the world.