Toyo Tires Case Study

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Toyo Tires is one of the best tires manufactures in the world. This company has stood for innovation, quality, performance, and excellent service for 65 years, including nearly 45 years in the United States. Combined, the Toyo group of companies has development, manufacturing, testing, distribution, and marketing operations throughout the Americas, Europe, Asia, the Middle East, and Oceania. As a result, Toyo Tires has built a solid reputation around the world. Toyo Tires Malaysia mainly produces four types of tires which are passenger car, MPV, SUV & 4x4 tires and competition tires.

The vision to manufacture great tires began in August 1945, when the founding president, Mr. Rikimatsu Tomihisa, established the Toyo Tire & Rubber Co, Ltd. in Japan. The first tires manufactured in the United States to bear the Toyo Tires brand occurred in the late 1980s when the company began producing commercial tires in Mt. Vernon, Illinois. In addition to supporting the U.S. economy, U.S.-based production allowed for quicker access to inventories with reduced shipping time and costs. Today, the company 's U.S. headquarters are in Cypress, California, and distribution is supported by nearly one million square feet of warehousing in Southern California with additional warehouses in Georgia, Illinois, Pennsylvania, and Texas. This new plant at Kamunting, Malaysia just builds on year of 2011.

The Toyo Tires Group has established an effective corporate governance structure, comprising the

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