$TOYO Welcomes Trump Tariffs to Boost U.S. Solar Manufacturing
TOYO Solar, a Japanese manufacturer with U.S. operations, welcomed President Trump's Section 232 proclamation aimed at accelerating domestic solar production. The company sees the policy as a catalyst for its planned $357 million investment in a Texas heterojunction cell facility and broader U.S. supply chain development, seeking to reduce reliance on foreign polysilicon.
- TOYO Co., Ltd. ($TOYO+WL) is set to expand its U.S. solar manufacturing footprint following a U.S. trade policy shift.