Bonding Deal Allows Toyo To Expand
CARTERSVILLE, Ga. (AP) — Gov. Nathan Deal announced an agreement aimed at allowing Toyo Tire to continue expanding its operations in Bartow County, northwest of Atlanta.
Deal said the agreement will expand Bartow County's bonding capacity an additional $910 million. Deal said that will enable Toyo to expand its current facility in Bartow County, adding up to 470 new jobs over the next few years.
Toyo Tire North America's Bartow County facility was the company's first consumer tire production operation in the U.S.
The 900,000-square-foot plant began operations in 2006. The company expanded by another 820,000 square feet in 2008, growing its workforce to 700 people.
Toyo announced another 200-job expansion in 2010.
The governor's office said that with the bonding agreement announced Tuesday, the company's employment could grow to 1,340 workers by 2020.