THE ASIAN REPORTER
October 19, 2015
C O M M U N I T Y
n Page 15
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Portland
BUSINESS
OPPORTUNITIES
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Restaurant
714 N Killingsworth St
Portland
BUSINESS
OPPORTUNITIES
FOR SALE
A Nisei, Right Place, Right Time
AN AUTOBIOGRAPHY
By an Oregonian. By a Nisei.
By the first vascular
surgeon in Oregon:
Toshio Inahara, M.D.
For sale at the Oregon Nikkei
Legacy Center in Old Town,
121 N.W. Second Avenue, Portland.
(503) 224-1458
Located on busy street in N.E. Port-
land $1,500/day with 30% profit
margin. New upgrades throughout.
Lots of growth potential. Only
$100,000 + inventory.
Call (503) 530-6795 or e-mail
<eunjeenee@yahoo.com>
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nity. Earn $$$ while helping your
community. Call:
(503) 535-2173
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ENTREPRENEURS
SUPER
SUCCESSFUL
CONVENIENCE
STORE WITH GAS,
BEER & WINE
AND STRONG
INSIDE SALES
FREE
Used Newspapers
We are launching a billion dollar com-
pany in North America, Thailand and
Malaysia. Be on the ground floor here
in the United States and in Thailand.
Since we are just launching, I am
looking for my top 10 leadership posi-
tions. I only work with serious-
minded and hardworking top people.
My time is limited so I am only taking
on 10 slots. As soon as those fill up, I
will train and mentor and help grow
their business. Contact me:
Dr. Jay DeCesare
at <jydecesare@aol.com>
or by phone at (845) 527-7759
Established in 1970s.
A 3,000 +/- Sq. Ft. store on
2.4 acres in Cougar, WA.
Contact: Steve Mack at
(360) 823-5131 or Gordon
Lewis at (360) 823-5108
Coldwell Banker Commercial
WANT TO KNOW
WHAT EVENTS
ARE HAPPENING
THIS MONTH?
CUSTOM BUILT TRAILERS,
TRAILER PARTS, AND
CUSTOM FABRICATION
Commercial truck to RV toter conver-
sions. Custom built service bodies to
fit every need. We specialize in class
8 Volvo conversions. Contact:
That Trailer Guy
(503) 481-9754
<www.thattrailerguy.com>
Party Rentals & Supplies
Does your garden need work before
winter? Are you an art teacher who
has an upcoming papier-mâché pro-
ject? Are you a dog owner training a
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served! Call (503) 283-4440, ext. #
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com>.
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Can help train new owner.
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items, and more! For info, call (503)
857-2706 or visit <www.yourinvited
partyrentals.com>.
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THAI RESTAURANT
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calendar sections,
on pages 10 and 12.
1818 SE 122nd Ave
Portland
My Canh
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1801 NE Cesar Chavez
Portland
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NORTH AMERICAN EXPANSION. Silos for holding carbon
black, an ingredient mixed with rubber, oil, and other ingredients to make
tires, stand next to the receiving area of the $300 million Yokohama tire
plant in West Point, Mississippi. For Yokohama, the plant is its platform to
fight for a slice of the competitive North American tire market. (AP Photo/
Jeff Amy)
$300M Mississippi plant part
of Yokohama expansion plan
Continued from page 9
Mississippi
Develop-
ment Authority director
Glenn McCullough Jr.
hopes to showcase Yoko-
hama’s success when he
travels to Japan and South
Korea this month to recruit
other businesses. “I think
you can make the case that
Mississippi is competitive
on a global economic devel-
opment
stage,”
Mc-
Cullough said.
Governor Phil Bryant’s
Chevrolet Suburban rolls
on Yokohama tires as he
touts an improving econo-
my in his re-election bid.
But the company will need
to grab more of the North
American market to fulfill
its broader expansion plan.
In 2014, North America
accounted for less than 10
percent of Yokohama’s
sales. Yokohama aims to
increase sales here as it
builds worldwide capacity
from 68 million tires a year
to 89 million by 2020.
The Japanese tire maker
is far from the only one
expanding domestically.
New tire plants or expan-
sions are being built in
Richburg, Sumter, and
Spartanburg, South Caro-
lina; Clarksville, Tennes-
see; and Macon, Georgia.
New plants or expansions
recently opened in Aiken
and Starr, South Carolina,
and White, Georgia.
Nick Mitchell, an indus-
try analyst with North-
coast Research, said it’s a
good time to be making
tires in the United States.
Profit
margins
have
widened as prices for
natural rubber and oil have
fallen, and demand has
been strong, especially for
advanced tires.
“In North America, the
tire fundamentals are
fairly solid,” Mitchell said.
“Strong
manufacturers
with good technology are
really benefitting from this
shift to higher-value tires.”
American tire makers
can more easily sell tires to
car and truck makers for
new vehicles. American
plants also reduce lead
time for deliveries and are
immune to trade barriers
and currency fluctuations.
Although Mitchell said
the industry has avoided
overbuilding, others are
worried. Richard Hilgert,
an analyst for Morning-
star, predicted in July that
worldwide expansions will
create capacity for 100
million more tires per year.
“We think this will even-
tually lead to overcapacity
that exacerbates industry
price pressure,” Hilgert
wrote.
Yamamoto said competi-
tion is less fierce in the
truck and bus tire market,
and Yokohama is strong
there. He said the company
cannot supply enough tires
to meet truck and bus
demand.
The
Rubber
Manufacturers Association
projects that while overall
U.S. demand will grow
about one percent this
year, the market for truck
tires will grow by four
percent.
With the first phase
ramping
up
to
full
production, attention now
turns to whether and when
Yokohama will expand.
“I ask them every time
I’m with them, ‘What about
phase 2?”’ Higgins said.
Company officials aren’t
giving any official word,
but its corporate expansion
plan, as well as how rapidly
it has expanded a new
plant in the Philippines,
suggest an answer soon.
“This plant is the base
plant to expand our busi-
ness in North America,”
Yamamoto said.