worâ¢thy. 1. having adequate or great merit, character, or value: a worthy successor. 2. of commendable excellence or merit; deserving; meritorious: an effort worthy of praise. 3. a person of eminent worth, merit, or position.
Japanâs Sumitomo Forestry bought out American house builder. Sumitomo Forestry Co., Ltd. (Tokyo) announced that it bought 60% of share of DRB Enterprises, which owns Dan Ryan Builders (DRB) group in Maryland. DRB is a major house builder on the East Coast and South of the United States. Purchase amount is about 10 billion yen (US$ 90 million).
Companies which have yet to establish tire plants in the United States include Korean manufacturers Hankook, Nexen and Kumho, Japanese builders Falken, Federal, Toyo and Sumitomo (although partnered with Goodyear) and Taiwanese tire brands such as Nankang.