Toyo Tire to dissolve U.S. subsidiary, Toyo Automotive Parts (USA)

Toyo Tire Corporation (Toyo Tire) announced that it will dissolve its wholly owned subsidiary based in the U.S. state of Kentucky, Toyo Automotive Parts (USA), Inc. (TAP), and forgive its debt. TAP was established in 2001 and has been supplying products such as anti-vibration rubber for car makers in the U.S. market.....

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