Toyo Breaks Ground on China Plant
Toyo has held a groundbreaking ceremony for its new Chinese passenger car tyre manufacturing facility in Zhangjiagang City, Jiangsu Province. The subsidiary – Toyo Tires Zhangjiagang Co, Ltd will be chaired by Toyo senior corporate officer Mitsuru Hitotsuyanagi. Production is scheduled to begin in December 2011 with an annual capacity of 2 million units and a workforce approximately 500 in number.