Business NewsLatest News

Toyo Tyre Malaysia Completes New Plant Building in Phase 2 Expansion

Toyo Tyre Malaysia Plant Building

TTM’s Phase 2 plant expansion would include the construction of a new plant building and installation of additional production equipment.

TTM Will Become the Largest Tyre Plant in Malaysia

Toyo Tyre Malaysia Sdn Bhd (TTM) President Mike Toh and Toyo Tire Corporation President and CEO Takashi Shimizu announced the completion of a new plant building in its Phase 2 expansion plan. TTM is the Malaysian tyre manufacturing subsidiary of Toyo Tire Corporation.

Toyo Tires announced in 2017 that TTM would add a new building and equipment to expand its production capacity(Phase 2) to align with the ‘Mid-term ’17’ business strategy. This expansion in production capacity is part of its plan to ‘strengthen the company’s business foundation in order to maximise profits’, as stated in its tyre business policy. It is intended to further solidify Toyo Tires’ sales of large-diameter tyres for pickup trucks, SUVs and CUVs, where Toyo Tires already has a competitive advantage.

TTM’s Phase 2 plant expansion comes in two stages. It would include the construction of a new plant building and installation of additional production equipment. The 1st stage would see an increase in production capacity of 2.4 million tyres to boost total capacity to 7.4 million per year (calculated for passenger car tyres) when fully completed by year 2020. This would make TTM the largest tyre plant in Malaysia.

Shimizu, in officiating the plant expansion ceremony at TTM recently with Dr Ong Kian Ming, Deputy Minister of International Trade and Industry, thanked the Malaysian Federal Government and Perak State Government for their ‘cooperation and invaluable support in making TTM for what it is today’.

He said: “TTM’s state-of-the-art manufacturing facility, located on a 148-acre (600,000m2) site in Kawasan Perindustrian Kamunting Raya, Taiping — which is  located in a strategic location — would not only  reinforce our global tyre manufacturing capability but allow this plant to serve as the ‘hub world global supply’ to various markets such as Europe, Japan, the Middle East, USA and Asia.

“We have enormous confidence in Malaysia and have invested a total of 41 billion Japanese Yen (equivalent to approximately RM1.6 billion) to-date due to its political stability, sustainable economic growth, conducive investment environment, good infrastructure as well as highly skilled and productive workforce.”

With the new plant, TTM has created new opportunities for employment in the local scenario. About 500 employees would be hired in the 2nd half 2019 to add to the current 1,100 workforce following the first stage of the Phase 2 Expansion Plan.

TTM prides itself in utilising Toyo Tires’ proprietary tyre production technology, a highly scalable system that features a high level of automation, multi-product and small-lot production capabilities for higher productivity, better quality and greater efficiency.

“With such advanced technology, we are able to produce and deliver high value-added products of global standards,” Shimizu said.

马来西亚东洋轮胎第二阶段新厂房扩建完成

东洋轮胎株式会社总裁兼首席执行员清水隆史和东洋轮胎马来西亚私人有限公司(TTM)总裁Mike Toh宣布完成第二期的新厂房扩建计划。TTM是东洋轮胎株式会社的轮胎制造子公司。

东洋轮胎在2017年宣布,TTM将添加新的厂房和设备,以进一步扩大生产能力(第二阶段),配合其“17中期”的业务战略。 如其轮胎业务政策所述,扩大产能是“加强公司业务基础以实现最大盈利”计划的一部分。 该计划旨在进一步巩固东洋轮胎在皮卡车,运动型多用途车(SUV)和跨界车(CUV)方面的大直径轮胎销售,而东洋轮胎在这方面已经具有竞争优势。

TTM的第二期工厂扩建分为两个阶段。 这将包括建造新厂房和安装其他生产设备。 在第1阶段,到2020年全面建成后,将再增加240万条轮胎的产能,达到每年总产能740万条(按轿车轮胎计算)。这将使TTM成为马来西亚最大的轮胎工厂。

清水隆史与国际贸易及工业部副部长王建民博士一起在TTM主持工厂扩建竣工仪式时,在其致辞中感谢马来西亚联邦政府和霹雳州政府的合作,他表示因为他们的支持,TTM才能拥有今天的规模。

他补充说:“TTM的先进制造设施位于地理位置优越的太平甘文丁工业区,占地148英亩(600,000平方米)。这个厂房不仅可增强我们的全球制造能力,还可成为我们的“全球供应中心”,为欧洲、日本、中东国家,以及美国和亚洲市场提供轮胎。”

“马来西亚稳定的政治、可持续的经济增长、有利的投资环境、良好的基础设施,以及技术精湛和经验丰富的人才,让我们对马来西亚充满信心。我们迄今在马来西亚的累计投资已达410亿日元(约16亿令吉)。”清水隆史补充。

TTM将为本地创造新的就业机会,在第一阶段的第二期扩展计划的1,100名员工外,2019年下半年,该工厂第二期扩展计划将雇用大约500名员工。

TTM以采用东洋轮胎专有的轮胎生产技术而自豪。该技术是一种高度可扩展和自动化的系统,具有多元化产品和小批量生产的功能,可提供更高的生产力,更好的质量和更高的效率。

清水史隆说:“有了如此先进的技术,我们就能够生产和交付具有全球标准的高附加值产品。”

News by date

The Latest

Subscribe to our newsletter and receive a section of articles every weeks

You May Also Like