Toyo investing US$138 million in US plant expansion
Toyo Tire North America Manufacturing Inc. is set to create more than 150 jobs when it invests over US$138 million in its manufacturing operation in Cartersville, Georgia. According to an official announcement, new jobs will include positions in production, support and administration.
“Toyo Tires is a valued member of Georgia’s family of innovative automotive manufacturers and suppliers, and it’s clear that the company’s leadership recognizes the benefits of operating in our competitive economic environment. By choosing Cartersville over international competition, Toyo Tires will continue to hire from Georgia’s talented workforce and utilize our highly connected transportation infrastructure to reach its growing customer base. We appreciate Toyo Tires’ commitment to creating even more quality jobs here in Georgia and look forward to further strengthening our partnership in the years to come”, Governor Nathan Deal said in a statement.
Through a two-phase expansion, Toyo Tires will construct a new 254,000-square-foot facility with an annual production capacity of 2.4 million passenger vehicle tyres. Upon completion of the expansion, Toyo Tires will employ approximately 2,100 Georgia residents. In 2016, Toyo Tire North America Manufacturing Inc. became the Toyo Tires Group’s largest manufacturing operation with an annual production capacity of 11.5 million tyres.
“…Toyo Tires certainly has had a significant impact on Georgia’s automotive sector and Bartow’s economy, with many accolades to show for it. I especially appreciate their corporate citizenship. For example, they have offered donations and volunteer hours to our schools, environmental causes, and our citizens in need. A significant example is the company’s annual commitment to provide food for the community during the holiday season…” said Bartow County Sole Commissioner Steve Taylor
The Toyo Tires manufacturing facility began operations in 2006 and features a proprietary Advanced Tire Operation Module production system. The location of the facility was chosen to enhance distribution and inventory availability to meet the increasing demands for Toyo and Nitto tyres sold through Toyo Tires’ expanding network of retailers.
Toyo Tire North America Manufacturing Inc. is a wholly-owned subsidiary of Toyo Tire Holdings of Americas Inc. It is responsible for the production of both the Toyo Tires and Nitto tyre brands. Toyo Tires was named the 2016 Georgia Automotive Supplier of the Year by GDEcD.