Toyo Tire opens new plant in Malaysia

Toyo Tire has completed its new tyre plant  in Malaysia.

The new plant is capable of producing 2.5 million tyres annually by the end of this year, and by 2015, the plant will aim to boost its annual supply capacity to 5 million tyres.

Toyo says the new plant will be a supply base for the Southeast Asian market. In the future it will also be a hub that functions as an important export channel for the company’s global tyre business.

There is enough room on the site of the plant to double the output of the existing plant , and the company has plans to further expand in the future.