Toyo Tires Announces Closure of Silverstone Manufacturing Plant


The Toyo Tire Corporation has announced the closure of the Silverstone Berhad manufacturing facility in Perak by June 2021.

Toyo Tires Dissolve Silverstone Subsidiary

The facility which is responsible for manufacturing tyres for new vehicles and Silverstone brands for aftermarket use, as well as certain Toyo Tires brands will cease to produce tyres by June 2021, with the subsidiary (Silverstone Berhad) being dissolved by the end of the year. In a press announcement published on the company's website, Toyo Tires stated: "Considering its operating environment, the position of the plant in our global strategy and its production capacity from an all-round perspective, we have reached the conclusion that the closure of the plant is unavoidable."

The Toyo Tires Group operates another manufacturing facility in Perak producing Toyo Tires brand tyres. This facility will now be responsible for the production of certain Silverstone brand products, which were previously produced at the Silverstone Berhad plant.

About the author

Richard Wilson is a correspondent for The Tyreman. Since 2015, Richard has worked as a correspondent for all of the titles across the Valebridge Publications Ltd Group namely: Retreading Business, Tyre & Rubber Recycling, Commercial Tyre Business and Truck and Bus News. Richard has worked on/off from the age of 16 for the company and whilst gaining a Bachelor's Degree in Spanish and Business Studies at Coventry University, he developed his writing skills at the University paper and more recently writing his own independent blog.


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