Page 31 - The Tyreman 2019 - 5
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xpansion
     
      
      
   
    
  
He said: “TTM’s state-of-the-art manu- facturing facility, located on a 148-acre (600,000m2) site in Kawasan Perindus- trian 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.
     - sia 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, con- ducive investment environment, good infra- structure as well as highly skilled and pro- ductive 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 cur-        of the Phase 2 Expansion Plan.
TTM prides itself in utilising Toyo Tires’ pro- prietary tyre production technology, a highly scalable system that features a high level of automation, multi-product and small-lot pro- duction capabilities for higher productivity,     
“With such advanced technology, we are able to produce and deliver high value-add- ed products of global standards,” Shimizu said.
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