Bridgestone Corporation Commenced Construction on $50 Million Distribution Center in Texas

---

Researched by Industrialinfo.com (Industrial Information Resources, Inc.; Houston, Texas). Bridgestone/Firestone (Nashville, Tennessee), a subsidiary of Bridgestone Corporation (OTC: BRDCY) Tokyo, Japan, commenced construction in January 2002 on a $50 million grassroot 605,000 sqft Distribution and Warehouse Center in Roanoke, Texas.

Hillwood Properties (Forth Worth, Texas) is the primary developer for the property and has chosen Lincoln Builders (Forth Worth, Texas) to perform construction management services. Bridgestone/Firestone will ultimately, under long-term contract, lease out the Distribution center from Hillwood Properties. The company's new complex will distribute Bridgestone, Firestone, Dayton, and other private brand tires. Once completed in September 2002, Bridgestone/Firestone will employ 150 to 200 people. This investment will represent up to $180,000 per year in property tax revenue for the town of Roanoke.