News
Toyota Boshoku to Establish Replacement Bumper Manufacturing Company in France
Management & Business
Toyota Boshoku Corporation (Headquarters: Kariya-shi, Aichi, Japan; President: Masanao Motonami) will establish a new company that manufactures replacement bumpers in France in January 2005. The company will construct a plant with about 4,000 m2 of floor space in Onnaing near Valenciennes. It will supply replacement bumpers for Toyota's made-in-Europe vehicles such as Corolla, Varis and Avensis.
Toyota Boshoku supplies almost all replacement bumpers for Toyota vehicles in Japan and aims to establish an efficient high-mix/low-volume production system in the new plant, making the most its accumulated experience and expertise.
| 1. | Establishment: | January 2005 (planned) |
| 2. | Location: | Onnaing, Nord-Pas-de-Calais, France |
| 3. | Capital: | 2.3 million euro (planned) |
| 4. | Shareholders: | 100% owned by Toyota Boshoku Corporation |
| 5. | Representative: | Junichi Hishida |
| 6. | Plant area: | Land - about 16,000 m2 Building - about 4,000 m2 |
| 7. | Products: | Bumpers |
| 8. | Production start: | Fall 2006 (planned) |
| 9. | Production capacity: | 250,000 units per year (at full operation) |
| 10. | Number of employees: | About 30 (at full operation) |
| 11. | Capital investment: | 7 million euro |