Toyoda Gosei Mexican Subsidiary Starts Operations
Will provide plastic and plated products in strong North American automotive market
Kiyosu, Japan, May 16: Toyoda Gosei Irapuato Mexico, S.A. de C.V. (TGIMX), a new Mexican subsidiary of Toyoda Gosei Co., Ltd., began operations in April 2016. TGIMX will provide radiator grilles, console boxes, plastic fuel filler pipes and other products to customers in the Americas. Production of plated products is scheduled to start in the summer of 2017.
A ceremony to celebrate the opening was held on Friday, May 13 (local time). The ceremony was attended by government representatives, business partners and other related parties. In opening remarks, Toyoda Gosei Chairman Tadashi Arashima said that with the start of operations at TGIMX we are now able to provide products from a location closer to our automotive business partners. He also expressed the company’s desire to “grow together with our customers in this important market.”
Toyoda Gosei has three existing manufacturing subsidiaries in Mexico: TAPEX Mexicana, S.A. de C.V. (TAPEX), Toyoda Gosei Automotive Sealing Mexico, S.A. de C.V. (TGASMX), and Toyoda Gosei Rubber Mexico, S.A. de C.V. (TGRMX). With the start of TGIMX, Toyoda Gosei has established a system of four production bases in Mexico that will cover all categories in its automotive parts business.
Outline of TGIMX
|Company name||Toyoda Gosei Irapuato Mexico, S.A. de C.V.|
|Location||Castro del Rio Techno Industrial Park, Irapuato, Guanajuato, Mexico|
|Establishment||August 2014 (start of production: April 2016)|
Toyoda Gosei North America Corporation (90%)
|Products||Interiors and Exteriors (radiator grilles, console boxes, other)
Functional Components (plastic fuel filler pipes)
(Start of plated product production scheduled for summer of 2017)
|Area||Land: Approximately 150,000m2 / Plant: Approximately 37,000m2|
|Employees||135 (as of April 30, 2016)|
|Sales||Approximately US$110 million (projected for FY2020)|
Production system in Mexico
|Chairman Arashima giving opening remarks||Kagamibiraki ceremony|
About Toyoda Gosei
Established in 1949 and headquartered in Kiyosu, Aichi Prefecture, Japan, Toyoda Gosei is a leading specialty manufacturer of rubber and plastic automotive parts and LEDs. Today, the Toyoda Gosei group provides a variety of high-quality products internationally, with a network of approximately 100 plants and offices in 18 countries and regions. Through its flexible, integrated global supply system and leading-edge technologies for automotive safety, comfort, and environmental preservation, Toyoda Gosei is a global supplier that aims to deliver the highest levels of quality, innovation, and satisfaction to customers worldwide.