Toyoda Gosei to build $16.8M airbag factory in Thai Binh, Vietnam

Toyoda Gosei announced a 1.8 billion yen ($16.8 million) investment to build a new airbag factory in Thai Binh Province, Vietnam, with construction starting May 2020 and operations beginning October 2021, creating 700 jobs initially and up to 2,000 by 2023.

“Japanese auto parts maker Toyoda Gosei Co has announced it would invest an additional 1.8 billion yen (US$16.8 million) to build a new airbag factory in Thái Bình Province.”vietnamnews.vn

• 2 sources
• vietnamnews.vnToyoda Gosei Co plans $16.8m investment in new airbag factory in VNNov 14, 2019
• textilemedia.comToyoda Gosei to build new airbag factory in VietnamDec 16, 2019

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