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-Building optimal systems to supply automotive manufacturers
in Thailand-
Toyota Boshoku Corporation (Tokyo: 3116), a premier
manufacturer of automotive interior systems, is pleased to announce that its
Asian regional management hub, Toyota Boshoku Asia Co., Ltd., will establish a
new automotive interior components production company, BOSHOKU AUTOMOTIVE
(THAILAND) CO., LTD., to supply interior components, filter and powertrain
components in Thailand.
An investment of approximately 18 million US$ was made to
set up the new automotive interior company with the aim of expanding production
capacity and establishing an optimal supply system to best meet the needs of nearby
automotive manufacturers in a quick and efficient manner. The new company,
Boshoku Automotive (Thailand), will start production of silencers and other
interior components in the latter half of 2014 and with the aim to expand
future business to include seats and door trim, will be set up to flexibly
handle individual component orders.