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Toyo Tires to Build New Plant in Serbia

Toyo Tires Plant Serbia
Internet of Things (IoT) would be fully installed at the new Toyo plant in Serbia, which would operate as a sophisticated smart factory.

Toyo Tire to Build First European Plant

Toyo Tire Corporation announced that it would build a factory in Indijia City, Serbia and was investing 390 million euro in the first phase of the project.

The company planned to begin construction of the production plant in Serbia in May 2020, and initiate tyre manufacturing operations in January 2022, with capacity projected to reach five million tyres per year by the summer of 2023.

“Internet of Things (I...

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