Toyo Increases Production at Kuwana Plant

Toyo Tire & Rubber Co., Ltd is to increase the volume of passenger car and light truck tyres produced at the company’s Kuwana Plant by approximately 1,000,000 units and 120,000 units a year, respectively, by the end of 2005. The company plans to invest 2.8 billion yen in this expansion of production, designed to address flourishing demand in overseas markets.

Toyo is also working to build a manufacturing base in North America, raise the production capacity of a joint-venture plant in China, and launch another joint-venture plant for truck and bus tyres in China. The increase in output at the Kuwana plant is said to be part of this ongoing effort.