Bridgestone Corp. (5108.TO) said Thursday it will spend $135 million to increase its production of tires at its South Carolina plant in the U.S.

The Japanese tire maker said the investment will allow the company to expand production capacity to about 30,000 tires per day from the current 25,200.

Bridgestone said it plans a new building for the expansion, and will hire more than 120 workers. About 1,130 people currently work at the plant.

-By Atsuko Fukase, Dow Jones Newswires; 813-6269-2792; atsuko.fukase@dowjones.com

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