Toyo Tires to Dissolve American Auto Parts Production Subsidiary

Toyo Tires will on October 31 terminate production in Kentucky at Toyo Automotive Parts (TAP), a U.S. production subsidiary that manufactures anti-vibration rubber and constant velocity joint boots for automobiles. Dissolving TAP is intended to optimize management resources and strengthen the structure of the automotive parts business. TAP has been supplying anti-vibration rubber and other products to automakers in the…

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