December 6, 2012
Company designated as a marketing and manufacturing company
OSAKA, JAPAN - 6 December, 2012 - TOYO TIRE & RUBBER CO., LTD. (President and CEO : Kenji Nakakura) today announced that its consolidated tire manufacturing subsidiary in Malaysia has changed its company name as follows. The factory will begin operation next spring.
|Company Name :||Toyo Tyre Malaysia Sdn Bhd (TTM) (940136-M)|
|(formerly known as Toyo Tyre Manufacturing (Malaysia) Sdn Bhd)|
|Capital Stock :||200,000,000 Ringgit Malaysia|
|Location :||Taiping Perak, Malaysia|
|Nature of Business :||Manufacturing and Sales of Passenger and Light Truck Tires|
Under one of the key strategies of its 2011 Mid-Term Business Plan, Toyo Tires has concentrated management resources on growing markets and strategically important business. They have undertaken the construction of TTM with completion slated for spring 2013.
The purpose of changing the company name is to designate TTM as a marketing and manufacturing company.
Toyo Tires continues to focus on improving its supply chain system in order to quickly respond to changing market demands.
|TOYO TIRE & RUBBER CO., LTD. CORPORATE COMMUNICATIONS PLANNING|
|Osaka Head office||Telephone: +81-6-6441-8803 begin_of_the_skype_highlighting +81-6-6441-8803 end_of_the_skype_highlighting||Facsimile: +81-6-6446-1925|
|Tokyo office||Telephone: +81-3-5822-6621 begin_of_the_skype_highlighting +81-3-5822-6621 end_of_the_skype_highlighting||Facsimile: +81-3-3865-2240|