Toyo Tires has announced plans to build a new research and development facility within the premises of its Serbia Plant located in Inđija. The new facility will serve as the company’s European R&D Center and is scheduled to begin operations in January 2027. The total investment for the project amounts to approximately 5 billion yen ($33.26 million), and the center...
Toyo Tires held on Dec. 14 an opening ceremony at its newly built automobile tire production plant in Indija, Serbia. The ceremony was attended by the company’s president Takashi Shimizu, Serbian president Aleksandar Vucic, ambassador extraordinary and plenipotentiary to Serbia Takahiko Katsumata, and other guests. Approximately 120 people attended the ceremony. “In this commemorative year of the 140th anniversary of...
Toyo Tire’s new Serbian plant has started operation on July 27 and made its first shipment of 500 light truck tires (LTR) to the U.S. on August 9. President Takashi Shimizu said he intends to produce around 400,000 units by the end of this year, giving priority to the U.S., where there are many back orders. The plant has an...
Toyo Tire Corp. (TYO:5105) and manufacturing subsidiary Toyo Tire Serbia LLC Belgrade recently held a groundbreaking ceremony at the intended site of a new plant in Indjija, Serbia. Approximately 40 guests attended the ceremony – including Serbian President Aleksandar Vucic, Indjija Mayor Vladimir Gak and Ambassador of Japan Takahiko Katsumata – to show their support for a safe construction process....
Toyo Tire Corp. (TYO:5105) recently announced that it intends to establish a new tire production subsidiary in Belgrade, Serbia. The subsidiary will be used to run a tire production plant set for construction in the Serbian town of Indija. This will be Toyo Tires’ eighth such plant, coming alongside two in Japan, one in the U.S., two in China and...
