Toyo Tire Corp. announced that it plans to spend 20 billion yen (about 200 million U.S. dollars) to expand its U.S. plant. The project is expected to be completed within three years.

Since its start-up in 2004, Toyo Tire's tire plant in White County, Georgia has undergone three expansions. To meet the rising market demand in North America, the company will spend US$200 million on the White plant for the fourth time. Expansion.

The new expansion project is expected to be completed in August 2015. By then, the construction area of ​​the White plant will be expanded by 44,000 square meters. The tire production capacity of the plant is also expected to increase by 2.5 million pieces/year.

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