Toyoda Gosei: Start of operation at airbag component plant in Vietnam
Toyoda Gosei has begun operations at its Thai Binh plant in Vietnam in July 2019. Thai Binh is the company’s second production base in Vietnam and produces airbag components and steering wheels. Safety system products, mainly airbags, are a key business for Toyoda Gosei and the company said that it is strengthening its global production capacity. With the start of operations at the new plant, Toyoda Gosei plans to increase its annual production capacity in Vietnam within four years to 25 million airbag components and 4 million steering wheels.