Chairman and CEO Takahiko Onozuka confirmed the company’s intent to support federal objectives through a $357 million investment in an advanced heterojunction (HJT) cell facility at its Texas campus. This project is part of a broader, phased initiative to bridge the gap between American polysilicon production and the final assembly of wafers, cells, and modules. By creating a fully integrated supply chain, TOYO intends to reduce reliance on foreign entities of concern.
TOYO Solar Backs Trump’s Section 232 Trade Proclamation
Following President Trump’s Section 232 proclamation on solar imports, TOYO Co., Ltd. has pledged to accelerate its domestic manufacturing footprint. The company, which currently operates a 2GW module plant in Houston, aims to align its long-term supply chain strategy with the administration's push for American energy independence.
Rhone Resch, Chief Strategy Officer at TOYO, noted that linking tariff relief to verifiable domestic investment provides a clear incentive for scaling production. The company is now preparing to engage with the Department of Commerce to finalize an integrated manufacturing plan. While this expansion takes hold, TOYO plans to utilize its existing non-FEOC supply chain to sustain module production levels, protecting current U.S. jobs while securing the capital necessary for long-term growth.
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