Due to its customers' withdrawal from production in Australia, Toyoda Gosei has decided to end production at its Australian subsidiary Toyoda Gosei Australia (TGAU).
The supplier said it was "committed to fully supporting all of its approximately 150 employees in Australia in transitioning to a new career" and would decide when production would end based on its customers' schedules.
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Naoki Miyazaki, president of Toyoda Gosei, said there had been no alternative "but to make this painful decision". He also acknowledged the 76 years of manufacturing at the Edwardstown plant and the 19 years since Toyoda Gosei established a joint venture with Bridgestone Australia in 1996.
