US Facilities · Tires
Toyo Tire to invest about ¥14 billion to expand Georgia tire plant
- Company
- Toyo Tire & Rubber (Osaka)
- Project
- Toyo Tire North America Manufacturing, White, Bartow County, Georgia
- Value
- About ¥14.0B
- Status
- Announced on September 28, 2017; construction began in February 2018 and output started in April 2019.
- Date
- 2017-09-28
Toyo Tire & Rubber said it would invest about ¥14.0 billion to add a new building at its US tire plant in Bartow County, Georgia. The expansion adds capacity for 2.4 million passenger car tires a year, with 1.2 million in the first phase.
Why it matters
The expansion raises Toyo Tire's local production capacity for the North American market.
Sources
Kakehashi M&A News home
