# Toyo Tire to invest 14 billion yen in Georgia plant expansion

Toyo Tire Corporation will invest approximately 14 billion yen to construct a new building and install equipment at its Toyo Tire North America Manufacturing plant in Georgia, USA, adding annual capacity of 2.4 million tires (passenger car tire equivalent). The first phase, with 1.2 million tires capacity, will begin operations in April 2019.

- Type: Expansion
- Announced: 2017-08-28
- Where: Georgia, United States
- Value: $124.6M (14.0B JPY)
- Starts operating: Apr 2019
- Status: announced
- Capacity: 2.4 million tires per year (passenger car tire equivalent)
- Products: large-diameter tires for pickup trucks, SUVs, CUVs
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [Toyo Tire Corporation](https://endata.com/companies/26552.md)
- [Toyo Tire North America Manufacturing](https://endata.com/companies/26553.md)

## Sources

- [en.lnews.jp](https://en.lnews.jp/2017/09/j092808.html), 2017-08-28: "Toyo Tire Corporation announced on September 28 that it will increase the production capacity of its tire manufacturing plants in the United States and Malaysia."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.