Toyoda Gosei Co. Ltd. (TYO:7282) recently announced that it is looking to double production capacity for automotive rubber weatherstrips at Hubei Toyoda Gosei Zheng Ao Rubber & Plastics Sealing Science and Technology Co. Ltd. (TG Zheng Ao), an affiliate located in Hubei Province, China. By May 2021, Toyoda Gosei aims to have extended its floor space at the location and...
weatherstrips
Toyoda Gosei Plans Chinese Acquisition to Bolster Business for Auto Parts
Toyoda Gosei Co. Ltd. (TYO:7282) has announced that it intends to invest in Hubei Rock Rubber and Seal Technology Co. Ltd., an independent weatherstrip supplier located in central China. The move represents an effort by Toyoda Gosei to bolster its Chinese business for auto parts. In carrying out the investment, Toyoda Gosei will use its Chinese regional headquarters to acquire...
Toyoda Gosei Installs LNG Equipment in Japanese Plant
Toyoda Gosei Co. Ltd. (TYO:7282) said it is installing liquefied natural gas (LNG) equipment at its Morimachi Plant and switching boiler fuel from heavy oil to LNG. The company eyes to start operations within February 2017. It is also planning to switch the liquefied petroleum gas (LPG) currently used in the heating furnaces in production processes to LNG by February...