New Toyota Highlander 2021 White
Hyogo, Japan - July 30, 2019 - Toyo Tire Corporation (Headquarters: Itami, Hyogo Prefecture; President Takashi Shimizu announced the founding of Serbia is the unit that will build and manage a new tire plant in Indjija.
Toyo Tire strives to continually strengthen its business position by producing products whose quality is continuously improved and delivering them to the global market on time. The company's mid-term development plan from 2017 highlighted the possibility of creating a new production platform that will contribute to sustainable growth projected from 2020.
Toyo Tire supplies tires to the European and Russian markets from factories in Japan and Malaysia. From 2022, the majority of tires for these markets will come from a new plant in Serbia. This manufacturing site will strengthen our global manufacturing and supply chain.
The plant will be equipped with a loT system (Internet of Things, example: MES * 1) and will become an advanced intelligent enterprise. Toyo is poised to take competitive manufacturing to the next level, featuring high quality at low cost. It plans New Toyota Highlander 2021 White to supply a variety of advanced passenger car and luxury light commercial vehicle tires to the European market and beyond.
* 1: MES: Manufacturing Execution System
The Republic of Serbia meets all Toyo Tire requirements. Outstanding highly skilled workforce with comparatively low wages, integration into the automotive industry through continued investment from foreign companies, and a thriving relationship with Japan. Thus, an attractive business environment has been created in Europe.
Toyo Tire will begin construction of a plant in Serbia in May 2020, with production starting in January 2022. By the summer of 2023, the annual production is planned to reach five million tires (mainly tires for passenger cars).
Planned construction site
Indzhija, Autonomous Region of Vojvodina, Republic of Serbia
About 600,000 m2 (approximately 150 acres)
Five million tires per year (mostly passenger car tires)
About 48.8 billion Japanese yen (390.5 million euros)
Radial tires for passenger cars and light commercial vehicles
Manufacture and sale of radial tires for passenger cars and light trucks
20 billion yen (160 million euros)
https://cars45.com.gh/oCHm0bHylhqnuwlQBu2xhY7X
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