Tyre manufacturer news - Toyo to Expand North American Tyre Production

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Tyre manufacturer news -
Toyo to Expand North American Tyre Production

23 May 07
Emily Henry
Contributing Writer

The Japanese company Toyo Tire and Rubber has announced plans to increase the production capacity of Toyo Tire North America, its North American manufacturing subsidiary. Toyo is set to invest the equivalent of £25 million (approximately 6,000 million yen) into the State-side operations, and plans to expand North American sales of Toyo 16 to 24-inch UHP tyres. The company intends for the expanded sales to help meet future OE demand from local car manufacturers.

Toyo Tire North America is based in Georgia and was established three years ago. Production of passenger car and light commercial vehicle tyres began in March 2006, when a new, proprietary, automated “Advanced Tyre Operation Module” (A.T.O.M) system was implemented to facilitate the production of small-lot and multi-item products within a smaller space. The A.T.O.M system is due to be upgraded along with the announced capacity expansion in order to increase the quality and quantity of Toyo products. With the expansion and upgrade of Toyo Tire North America, the company aims to increase product output by 2009 to around 3.3 million units per year.

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