BARTOW COUNTY, Ga. (May 18, 2005) — Toyo Tire & Rubber Co. Ltd. and Toyo Tire (U.S.A.) Corp. have endowed $9,268.70 to the Margaret and Luke Pettit Environmental Preserve Inc., in the tire maker's first charitable grant to a nonprofit organization outside of Japan.
The money will assist in safeguarding the organization's 66-acre property, which includes an 18-acre lake, located in Bartow County, according to Toyo. The company is building a 1.1 million-sq.-ft. manufacturing plant in that county.
The funds will provide resources for the construction of new trails on the Pettit Preserve site, offering access to the landscape and outdoor living laboratory dedicated to environmental and biological study by visiting youth, Toyo said.
The Margaret and Luke Pettit Environmental Preserve is an organization established to provide a sanctuary for environmental studies, a haven for endangered species and a research area for students from the elementary level to advanced university studies.
Toyo said it is globally committed to preserving the environment. In 1992 it established the Toyo Group Environmental Protection Fund within the Osaka Community Foundation.
The Fund is made up of a matching gift system, whereby the company matches donations from employees. Because donors wish to see their funds applied to regionally based programs and activities, grants are provided mainly in regions in which the group has facilities.