Tokusen USA to close Conway plant, exit U.S. market
Tire cord manufacturer Tokusen announced Thursday (Jan. 9) it will close its Conway, Ark., facility laying off approximately 250 workers in central Arkansas. Employees are being offered severance and healthcare assistance packages.
Conway-based manufacturer Tokusen USA set to close ... - KARK
Jan 9, 2025 · CONWAY, Ark. – A Conway manufacturer with approximately 250 workers has announced it is shutting down. Tokusen USA advised the Arkansas Division of Workforce Services that it would be closing in mid-to-late March. The company produced steel cord for tires.
Home - Tokusen USA
With more than 30 years of experience in manufacturing, TOKUSEN U.S.A., Inc. is the originator of shaped wire for automotive piston rings, and we supply 70% of the market as it shifts from using cast wire to steel wire.
Tokusen USA to Close Conway Factory as Market and Trade ...
Jan 9, 2025 · Tokusen USA Inc. is shutting down its Conway, Arkansas, facility in March after 34 years, affecting 200-250 jobs. The closure stems from shrinking domestic tire markets, rising costs and international trade pressures.
Report: Tokusen to Close Conway Facility
Jan 9, 2025 · Tokusen USA will close its Conway plant in mid-March, Arkansas Business first reported Thursday. Tokusen produces steel tire cord for the automotive industry. It is a subsidiary of Japanese parent company Tokusen Kogyo Ltd., and …
Wire manufacturer in Conway closing | Northwest Arkansas ...
Tokusen USA Inc., a speciality wire manufacturer, is closing its Conway facility in March, the company announced Tuesday. Approximately 250 employees will lose their jobs.
Wire manufacturer in Conway closing | Arkansas Democrat Gazette
Tokusen USA Inc., a speciality wire manufacturer, is closing its Conway facility in March, the company announced Tuesday. Approximately 250 employees will lose their jobs.
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