Toyoda Gosei Increases Interior/Exterior Part Production Capacity in USA | Financial Buzz

Toyoda Gosei Increases Interior/Exterior Part Production Capacity in USA

Toyoda Gosei Co., Ltd. (TOKYO: 7282) is expanding production capacity at TG Missouri Corporation, one of its American production subsidiaries, to further develop its production network in the key North American market.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20210912005062/en/

Production network for interior/exterior parts in North America (Graphic: Business Wire)

Production network for interior/exterior parts in North America (Graphic: Business Wire)

In addition to expansion of TG Missouri’s Headquarters Plant (Perryville Plant), a new building has been purchased for the Indiana Plant, where injection molding machines, painting booths and other equipment will be installed to handle the growing sales of radiator grilles and other interior and exterior parts in the USA. The total investment will be approximately USD 40 million, and new facilities will be fitted with the latest energy-saving equipment to promote environmentally-friendly manufacturing.

Outline of TG Missouri

Name

TG Missouri Corporation

Established

April 1986

Capital

USD 30 million

Shareholders

Toyoda Gosei North America Corporation 80%, Mitsui & Co., Ltd. 20%

(Americas headquarters for Toyoda Gosei Group)

Plants

Perryville Plant (HQ)

Indiana Plant

Mississippi Plant

Location

Perryville, Missouri

New Albany, Indiana

Batesville, Mississippi

Products

Interior/exterior products

(Radiator grilles, bumpers, etc.)

Safety systems

(Airbags, steering wheels)

Interior/exterior products

(Instrument panel peripheral parts,

registers, console boxes, etc.)

 

Interior/exterior products

(Instrument panel peripheral parts,

registers, console boxes, etc.)

Safety systems

(Steering wheels)

Area

Land

Approx. 995,000 m2

Approx. 64,000 m2

After expansion:

Approx. 102,000 m2

Approx. 56,000 m2

Buildings

Approx. 118,000 m2

After expansion:

Approx. 120,000 m2

Approx. 16,000 m 2

After expansion:

Approx. 26,000 m2

Approx. 9,000 m2

Employees

1,634 (as of July 31, 2021)

244 (as of July 31, 2021)

110 (as of July 31, 2021)

 

 

Contacts

Toyoda Gosei Co., Ltd.

Contact: Chihiro Suzuki

inquiry@mail.toyoda-gosei.co.jp

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