90 more buildings found using dodgy quake dampers from Toyo Tire

National Apr 22, 2015

90 more buildings found using dodgy quake dampers from Toyo Tire

Toyo Tire & Rubber Co. confirmed Tuesday that 90 more buildings have been built with its substandard earthquake shock absorption devices, bringing the total to 145. The Osaka-based company said four employees might have been involved in falsifying performance data on the quake-absorbing rubber equipment, ...

Business / Corporate Nov 27, 2013

Toyo Tire will pay $120 million U.S. cartel fine

Toyo Tire & Rubber Co. has agreed to plead guilty and pay a $120 million fine for its role in price-fixing of automobile parts in the United States, the U.S. Justice Department said Tuesday. The company repeatedly rigged bids for anti-vibration rubber parts for automobiles ...