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Toyo Tire
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
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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