News

News Release 2014

Toyota Boshoku Begins Manufacture of Automobile Seat Covers in Laos -Building an Optimal Production/Distribution System for the Asia and Oceania Region-

Kariya  (JAPAN) – May 19, 2014 – Toyota Boshoku Corporation (TOKYO:3116, President: Shuhei Toyoda) has begun manufacturing automobile seat covers in the Lao People’s Democratic Republic. Manufacturing is being undertaken by TOYOTA BOSHOKU LAO CO., LTD., which was recently established as a satellite to support automobile seat production in Thailand. The seat covers will be supplied to the Thai production base.

As a member nation of the East-West Economic Corridor*1, Laos is convenient for distribution to Thailand, and has stable electricity supply and other infrastructure. As well, because of the similarities between the Thai and Lao languages, Thai managers will be able to provide work-site instruction and training.

As the Toyota Boshoku group further optimizes production and distribution in the crucial Asia and Oceania market, the company will be able to offer worldwide customers appealing, comfortable and safe automobile interior spaces.

Overview of Toyota Boshoku Lao

1. Company name TOYOTA BOSHOKU LAO CO., LTD.
2. Location Savannakhet Province, Lao People’s Democratic Republic
3. Representative Mr. Shinichi Yamanouchi, President
4. Date established April 2013
5. Capital Approx. 5.6 million US$
6. Ownership TOYOTA BOSHOKU ASIA CO., LTD. *2 90%
    TOYOTA TSUSHO ASIA PACIFIC PTE. LTD. 7%
    TOYOTA TSUSHO CORPORATION 3%
7. Products Automobile interior components including seat covers
8. Production capacity 200,000 units/year
9. Production (scheduled) April 2014
10. Site area Approx. 80,000m2
11. Building area Approx. 7,000m2
12. Investment Approx. 5.6 million US$
13. Number of employees Approx. 180 as of starting production

 

*1: A 1,500 km corridor stretching across the Indochina peninsula, connecting Vietnam, Laos, Thailand, and Myanmar.

*2: Regional management company (hub) for the Asia and Oceania region of the Toyota Boshoku group.