Toyo Tyre Malaysia Sdn Bhd (TTM), the Malaysian automobile tyre manufacturing subsidiary of Japan-based Toyo Tire & Rubber Co., Ltd., has manufactured more than 10 million tyres.
TTM was established in Malaysia’s Perak State in May 2013 as one of the hubs supporting Toyo Tires’ business strategy for further expanding in the global tyres supply structure.
TTM has implemented the elemental technologies from Toyo Tires’ proprietary high-efficiency tyre production technology called Advanced Tire Operation Module (ATOM), producing high-value-added tyres with superior quality, functionality and world-renowned uniformity.
TTM functions as a global hub for supplying not just Southeast Asia, but also others market segments, including Europe, Japan, and North America.
The current TTM plant building has a production capacity of 5 million units per year at full capacity. Since it began operations in 2013, it has incrementally invested in facilities, steadily maintained and expanded its utilisation rate.
Furthermore, TTM has a land sufficient to build a similar-sized plant building which is located beside the current plant building, making it possible to respond to future increase in market demand.
Toyo Tires has identified operational optimisation and portfolio reinforcement as priorities for its tyre supply strategy in the new medium-term management plan, “Mid-term ‘17,” which covers a four-year period starting from 2017.
“While clearly defining the character of each plant in Japan, the US, and Asia, Toyo Tires aims to establish a global distribution platform allowing for prompt and flexible responses to market needs and sales trends, optimise supply combinations, and further enhance production and supply structures,” the company said in a statement.