On December 6, 2013, Toyo Tire broke ground for an expansion project for its White plant in the United States. The company will invest a total of US$371 million for this project. Toyo Tire initially announced this investment project in August last year. At that time, the company announced that the investment amount was 200 million U.S. dollars. The expansion project will be completed within three years; Toyo Tire recently added an additional 161 million U.S. dollars to this expansion project. A 323,000-square-foot warehouse project. The expansion is expected to take four years to complete, when the Toyo Tire White plant will expand its area by 700,000 square feet, tire production capacity will increase by 40% to 8 million/year, and 650 jobs will be created. The White factory was completed in 2006, and the 20 million tires produced by the plant will go offline in the near future. The $371 million project will be the fourth expansion of the White factory experience, mainly due to the strong demand for Dongyang and Nitto branded passenger car and light truck tires.
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Toyo Tire Plant Expansion Project Starts
April 02, 2024