News
Toyota Boshoku Establishes New Plant for Automobile Interior Components in Czech
Kariya (JAPAN) - May 18, 2012 - Boshoku Automotive Europe GmbH (Germany, "BAE"), a subsidiary of Toyota Boshoku Corporation (President Shuhei Toyoda) will establish its first new manufacturing company "BOSHOKU AUTOMOTIVE CZECH s. r. o." in the Czech Republic for automobile interior components. This is the first manufacturing site in the Czech Republic for the Toyota Boshoku Group.
BAE started its operation in July 2011 after Toyota Boshoku acquired the automobile interior business of European parts manufacturers. BAE develops and produces interior components such as door trims and headliners for major German automobile manufacturers including BMW, Daimler AG, Volkswagen Group and Opel.
Toyota Boshoku group will continue to provide more appealing, comfortable and safety interior space for customers all over the world by improving its unique technologies that meet all types of customer needs and establishing optimal production and logistics systems through business with global automobile manufacturers.
Overview of New Company
| 1. | Company name | BOSHOKU AUTOMOTIVE CZECH s. r. o. | |
| 2. | Location | Pilsen, Czech | |
| 3. | Representative | Mr. Yasunobu Hara, Chairman of TOYOTA BOSHOKU EUROPE N.V. and CEO of BOSHOKU AUTOMOTIVE EUROPE GmbH | |
| 4. | Products | Automobile interior components | |
| 5. | Establishment | May 2012 | |
| 6. | Capital | 75 million Czech Korunas (approx. 3 million Euros) | |
| 7. | Ownership | BOSHOKU AUTOMOTIVE EUROPE GmbH | 99.97% |
| TOYOTA BOSHOKU EUROPE N.V. | 0.03% | ||
| 8. | Number of employees | 50 as of starting production | |
| 9. | Production (scheduled) |
Mid 2013 |
|
Overview of BOSHOKU AUTOMOTIVE EUROPE
| 1. | Company name | BOSHOKU AUTOMOTIVE EUROPE GmbH |
| 2. | Location | Geretsried, Germany |
| 3. | Representative | Mr. Nicholas Marentette (President) |
| 4. | Business operations | Development, manufacture, and sales of automobile interior components |
| 5. | Operation launched | July 2011 |
| 6. | Capital | 46.05 million Euros |
| 7. | Ownership | TOYOTA BOSHOKU EUROPE N.V. 100% |
| 8. | Number of employees | 2,000 as of March 2012 |