Toyo Increasing UHP, LT/SUV Production

(Akron/Tire Review) Toyo Tire & Rubber said it will boost production at its Kuwana, Japan, plant by the end of 2005, adding capacity for 1.12 million additional ultra-high performance and light truck/SUV tyres. Toyo said it is investing some 2.8 billion yen in the project, targeting overseas markets.

Toyo said the move is part of its efforts to increase global capacity, including building a manufacturing base in North America, raising production capacity of it joint venture plant in China, and launching another joint venture plant for truck and bus tyres in China.