# Toyobo to invest ¥5B to double airbag fabric capacity in Thailand

Toyobo announced on December 28, 2016, a ¥5 billion investment in Thailand to double monthly production capacity of airbag base fabric to 3 million meters. A joint venture with a Thai company will be established in January 2017.

- Type: Expansion
- Announced: 2016-12-28
- Where: Thailand, Thailand
- Value: $43.0M (5.00B JPY)
- Status: announced
- Capacity: 3 million meters per month
- Products: airbag base fabric
- Sectors: [Industrial Textiles](https://endata.com/sectors/industrial-textiles.md)

## Companies

- [Toyobo](https://endata.com/companies/7774.md)

## Sources

- [nna.jp](https://www.nna.jp/news/1553620), 2017-01-04: "東洋紡は12月28日、タイで50億円を投じ、エアバッグ用基布の月産能力を現行比２倍の300万メートルに引き上げると発表した。"

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.