Toronto, Ontario, July 10, 2006--Toyota Boshoku Corp., announced the establishment of a new automotive interior manufacturing company, Toyota Boshoku Canada, located in Woodstock, Ontario Canada.
This new company will be the first Toyota Boshoku wholly owned seat and carpet interior manufacturing facility in North America.
This represents a $65M CAD investment for Toyota Boshoku's North America company, Toyota Boshoku America. The new company will produce the RAV4 seat, door trim and carpet interior parts for Toyota Motor Manufacturing Canada's (TMMC) Woodstock plant, which will begin operations in 2008.
Currently, Toyota Boshoku Corporation has fifteen production facilities in North America (including wholly owned and JV's). TBA is taking the lead to strengthen their organization structures and develop best practices for an efficient business management system. The establishment of this new Canada based company along with current North America production sites is important for Toyota Boshoku's North America business development.
