Recently, Toyo tires announced plans for expansion, and will add 470 new jobs as part of the $210 million investment. The company’s workforce was 700 in 2008, and it added an additional 200 employees in 2012. Toyo plans on growing to 1,340 by the end of 2020.
“The pro-business environment and cooperation from the State of Georgia and Bartow County have exceeded our expectations. Our startup and growth have proceeded more quickly than planned,” Jim Hawk, president of Toyo Tire North America Manufacturing, said in a statement. “Georgia Quick Start continues to be a significant part of our success. With the continuation of support from the Bartow County Joint Development Authority, we will be in a position to continue our growth.”
The Bartow County facility is the company’s first U.S. consumer production facility and was created in 2006. Toyo will expand the 900,000-square-foot warehouse and production facility by an additional 475,000 square feet.