In light of automotive production growth in the North America, Toyoda Gosei is establishing a new plant for automotive interior and exterior components in Stratford, Ontario, Canada.
The new plant, a branch plant of subsidiary TG Minto supplies interior and exterior components to Toyota Motor Manufacturing Canada (TMMC).
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More than 25 years of their success in Canada started when they took a stake in Waterville TG located in Waterville, Quebec in 1986.
There are currently 4 plants manufacturing automotive parts: sealing parts at the WTG Waterville plant, the Coachcock plant and the Ontario plant, and interior and exterior parts at the TG Minto Palmerston plant. The new addition is their fifth plant.
The Toyoda Gosei group strives to become ‘a true global supplier of choice that delivers happiness to customers all over the world,’ and establishes optimal production and delivery systems globally.
[New factory information]1. Factory Name: TG Minto Corporation Stratford Factory (tentative)
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By GlobalData2. Start of production: July, 2013 (planned)
3. Location: Stratford, Ontario Canada
4. Capital: Approximately CAD$11m (US$11.1m)
5. Products: Interior and exterior components for automobiles (Instrument panel parts, pillar garnishes, column hole covers and others)
6. Factory size: Approximately 6,000m2
7. Business plan:
- Sales approximately CAD$15m
- Employees approximately 70 employees (2014)
