OSAKA, Japan (Oct. 24)—Toyo Tire & Rubber Co. Ltd. is acquiring Toyoda Gosei Co. Ltd.'s antivibration systems business as part of an exchange of assets. In return, Toyo is transferring its airbag division to Toyoda Gosei, the Nagoya, Japan-based Toyota Motor Corp. subsidiary. The deal, which will enable the firms to focus more on their respective strengths, is scheduled to close in April, the firms said. Toyo's AVS business has annual sales of about $206 million, compared with $49 million generated by Toyoda Gosei in this area. Toyo will pay about $8 million for the unit, while receiving about twice that amount from Toyoda Gosei for its airbag business, which posted sales of more than $70 million last year. Toyoda Gosei said the acquisition is part of a plan to boost its airbag business about 40 percent to nearly $825 million. Toyo is building an AVS components plant in Franklin, Ky., scheduled to open by July.