Mitsubishi Materials Corp., Japan’s second-biggest cement maker, plans to reopen its U.S. import terminal for the first time in seven years and seek acquisitions to expand in the world’s biggest economy.
Bridgestone Corp., the world’s largest tiremaker, will postpone the start of production at a new tire plant in Thailand as demand ebbs, adding to companies postponing expansion in the Southeast Asian country.
Japanese steelmakers, which yesterday reported foreign imports at a nine-year high for April, are weighing action to stem the flow of steel from abroad, risking heightened tensions with trading partners South Korea and China.
Masahiro Tanaka, the Japanese pitcher who went 24-0 last year, is headed for a major payday in the U.S. Hiroshi Mikitani, the Internet billionaire whose company has rights to Tanaka, won’t fare nearly as well.
The New York Yankees acquired two- time batting champion Ichiro Suzuki from the Seattle Mariners, adding a regular left fielder and speed threat for the rest of the season to replace the injured Brett Gardner.