# Toyoda Gosei begins construction of $24.6M auto parts factory in Vietnam

Toyoda Gosei Group started construction of a $24.6 million auto parts factory in Thai Binh Province, Vietnam. The 11.3-hectare plant will manufacture airbags and leather steering wheels, with completion expected in July 2019.

- Type: New facility
- Announced: 2018-02-21
- Where: Tien Hai Industrial Zone, Thai Binh Province, Vietnam
- Value: $24.6M
- Jobs: 1,500
- Starts operating: Jul 2019
- Status: under construction
- Products: airbags, leather steering wheels
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [Toyoda Gosei Co. Ltd.](https://endata.com/companies/21998.md)

## Sources

- [vietnamnews.vn](https://vietnamnews.vn/economy/423119/thai-binh-begins-24-6m-auto-parts-factory.html), 2018-02-21: "Construction on a US$24.6-million auto parts factory is under-way in the northern Thái Bình Province’s Tiền Hải Industrial Zone with completion expected in July 2019."

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