Toyo slows pace of expansion at US plant

Bruce Davis, ERJ staff (TB)

Cypress, California — Toyo Tire USA Corp. is slowing the pace of work on a $270 million (Euro 208 million) expansion at its plant in White, Georgia, blaming the slowing global economy and shrinking demand in North America.

Toyo did not specify to what extent the expansion schedule will be affected, saying the construction schedule for the 76 000-m2. expansion would go ahead as planned, but the installation of machinery would be stretched out longer than originally planned, according to Carlos Kibata,…

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