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.
Toyota Boshoku, starting with its main customer Toyota Motor Corporation, is proactively expanding new business with global automotive manufacturers. Toyota Boshoku Asia plays a central role in Asia in establishment of optimal production and system to supply interior components and filter and powertrain components.
Toyota Boshoku will continue to strengthen its R&D functions in all its regions and offer customers worldwide appealing, comfortable and safe automobile interior space.
