Toyobo to double airbag fabric capacity with ¥10B investment

Toyobo will spend approximately 10 billion yen ($85.1 million) over four years starting fiscal 2017 to double production capacity for airbag fabrics, responding to growing demand.

“Toyobo will spend some 10 billion yen ($85.1 million) to double production capacity for air bag fabrics over the four years starting in fiscal 2017.”asia.nikkei.com

• 3 sources
• asia.nikkei.comToyobo to double airbag fabric output capacity - Nikkei AsiaDec 27, 2016
• indiantextilejournal.comToyobo to double airbag fabric capacity - Indian Textile JournalJan 3, 2017
• textilemedia.comToyobo to double airbag fabric output capacityFeb 5, 2017

Summarized from public sources; check the original articles before acting on it.