OSAKA, Japan (June 21, 2012)—Toyo Tire & Rubber plans to consolidate its Diver-Tech non-tire business unit into its Toyo Chemical/Industrial Products Sales Corp., and change that operations name.
The new Toyo Chemical Products/Industrial Co. Ltd. will include the Diver-Tech operations that make and sell railway vehicle parts, industrial, construction and waterproof materials products.
The changes will be completed by Jan. 1, 2013, Toyo said.