January 20, 2020
Toyoda Gosei announced on November 20, 2019 that its three plants in the United States would increase production capacity for radiator grills and other interior and exterior products. By 2021, a total of 6.5 billion yen will be invested in three plants, Toyoda Gosei Texas, TG Missouri, and TG Kentucky. It will increase sales in North America by expanding each plant and introducing molding machines and painting equipment. The sales of interior and exterior products in North America will enhance to 87 billion yen by FY2025, an increase of about 1.3 times over FY2018 sales.
Source: SEISANZAI MARKETING Magazine January 2020 issue
September 29, 2023