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Branford Group hosts Toyo Automotive Parts USA auction

The Branford Group is conducting an auction at the former Toyo Automotive Parts USA facility in Franklin, Kentucky in April. The auction follows the decision of Toyo Automotive Parts USA’s parent company, Toyo Tire Corporation, which decided in August 2023 to “cease manufacturing of automotive parts” at its US subsidiary.

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Aeolus auctions tyre manufacturing machinery

On 3 August, 68 items of machinery and equipment of Aeolus were put up for auction online. Equipment auctioned included: setting machines and vulcanisation tanks, and the base price is 2.46 million yuan (about £268,000; €311,000).

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