Toyo changes U.S.-based names
Toyo Tire & Rubber Co. Ltd. has changed the names of its United States-based subsidiaries.
Toyo Tire International Inc. is now known as Toyo Tire Holdings of Americas Inc. Toyo Tire (U.S.A.) Corp. is now known as Toyo Tire U.S.A. Corp.
Meanwhile, Nitto Tire North America Inc. is now known as Nitto Tire U.S.A. Inc. and Toyo Tire North America Inc., Toyo's manufacturing operation in Georgia, is now known as Toyo Tire North America Manufacturing Inc.
"Toyo is aiming to bolster the functions of its umbrella organization in the U.S.," say Toyo officials.
"Corporate value in the North American market will be boosted by moving strategic planning and supply chain management functions to ground level."
Changes officially were announced on Dec. 26.