Toyo Tire Navigates Trade Headwinds with US Expansion

… On August 1, 2025, Toyo Tire Corporation announced its decision to invest JPY30.0bn ($200.0m) in its Georgia manufacturing facility through 2030, which would increase the US tire production capacity by 5.0%, with a 10.0% boost in output for SUV and light truck tires. This move serves as a strategic response to the escalating trade tensions and tariff policies under the Trump administration, with 25.0% duties in passenger and light truck tire. The company generates around 70.0% of its revenue from the US market, which makes it crucial for the company’s financial performance. This capital investment highlights the importance of domestic manufacturing as a defensive strategy, in the presence of protectionist trade policies reshaping global supply chains. …

Source: Market Screener