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Toyo Tire
Toyo Tire starts construction of new R&D Center in Indija, Serbia
The Development Agency of Serbia (RAS) announced that Toyo Tire Corporation (Toyo Tire) has begun the construction of its new R&D Center in Indija, with a planned investment of EUR 29 million. The facility is scheduled to commence operations in January 2027.
The center is set to become Toyo Tire’s European hub for ti
Toyo Tire to transfer shares in Chinese subsidiary
Toyo Tire Corporation (Toyo Tire) announced that it will divest its 86% equity interest in its Chinese subsidiary, Toyo Tires Zhangjiagang (TTZ), to Liaoning Hengdasheng Investment, an investment company based in Liaoning, China.
TTZ was established in 2010 for the purpose of production and sales of tires for passeng
Toyo Tire selects HPE GreenLake cloud to accelerate HPC-powered tire development
Hewlett Packard Enterprise announced that Toyo Tire Corp. selected HPE to deliver its seventh generation high performance computing (HPC) system, which is three times more powerful than its predecessor, as a-service through HPE GreenLake cloud.
Toyo Tire worked with a team of HPE experts on TOYO-FEM, one of its crit
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