Toyoda Gosei to build $24.6M airbag parts plant in Vietnam

Toyoda Gosei will establish a new plant in Vietnam as a branch of Toyoda Gosei Haiphong. Production of airbag parts and steering wheels will begin in July 2019. Investment is $24.6 million, with construction starting in March 2018.

“Toyoda Gosei is to establish a new plant in Vietnam to meet growing demand for airbags as safety regulations become more stringent.”just-auto.com

• 2 sources
• just-auto.comToyoda Gosei to build new airbag parts plant in Vietnam - Just AutoAug 31, 2017
• textilemedia.comLatest MobileTex News - Page 2, In 2017Nov 8, 2017

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