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 p...
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 p...
