The new company will start production of silencers and other interior components in the latter half of 2014
KARIYA, Japan—Toyota Boshoku Corp., a manufacturer of automotive interior systems and member of the Toyota group of companies, will establish a new automotive interior components production company in Thailand to supply interior components, filter and powertrain components.
Boshoku Automotive (Thailand) Co. Ltd. the borne of an approximately US$18 million and was established to expand production capacity and establish an optimal supply chain for nearby automotive manufacturers.
The new company will start production of silencers and other interior components in the latter half of 2014 and expand future business to include seats and door trim. It will also handle individual component orders.
Toyota Boshoku, starting with its main customer Toyota Motor Corp., is chasing new business with global automotive manufacturers. Toyota Boshoku Asia plays a central role in Asia in establishment of optimal production and system to supply interior components and filter and powertrain components.