Toyo (TOYO) Co. announced that it has acquired the remaining 24.99% membership interest in its U.S. subsidiary, Toyo Solar LLC, making it a wholly owned subsidiary of the company. This transaction follows Toyo’s recent strategic expansion into U.S.-based manufacturing and underscores the company’s commitment to strengthening its presence in the American solar supply chain. Toyo Solar LLC is currently advancing the development of a 2.5GW solar module manufacturing facility in Texas.
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