Toyoda Boshoku Corporation
Toyoda Boshoku Corporation (Headquarters: Kariya-shi, Aichi, Japan; President: Junichi Yoshikawa) plans to establish a new company to produce SRS curtain-shield airbags in Vietnam.
The objective is to be able to handle projected increases in sales and it will be the Toyoda Boshoku’s second overseas manufacturing base, following STB TEXTILES INDUSTRY CO., LTD. in Thailand.
| 1. | Company Name: | As yet undecided |
| 2. | Location: | Haiphong Industrial Estate (bonded area) Haiphong, Vietnam |
| 3. | Established: | September 2004 |
| 4. | Capital: | 1 billion yen (planned) |
| 5. | Investment ratio: | Toyoda Boshoku Corporation 100% |
| 6. | Products: | SRS curtain-shield airbags |
| 7. | Capital investment: | 4.2 billion yen (land/buildings 800 million yen, equipment and machinery 3.4 billion yen) |
| 8. | Production start: | October 2005 (planned) |
| 9. | Representative: | As yet undecided |
| 10. | Number of employees: | 317 (fiscal 2009, four from Japan) |
| 11. | Sales: | 4.3 billion yen (forecast for fiscal 2009) |
[Reference]
SRS curtain-shield airbag