JAPAN: Toyota Boshoku forms interiors company in Laos

Toyota Boshoku has established a new vehicle interior components company, Toyota Boshoku Lao. This is its first factory in Laos.

The new company will be a satellite complementing the group factory in Thailand and start producing interior components such as seat covers in April 2014, shipping them to seat factories in Thailand.

• Company name: Toyota Boshoku Lao
• Location: Savannakhet province, Lao People’s Democratic Republic
• Representative: Shinichi Yamanouchi, president
• Date established: April 2013
• Capital: Approximately US$5.6m
• Ownership: Toyota Boshoku Asia (90%), Toyota Tsusho Asia Pacific (7%), Toyota Tsusho (3%)
• Products: Automobile interior components including seat covers
• Production capacity: 200,000 units/year
• Production (scheduled): April 2014
• Site area: Approximately 80,000 sq m
• Building area: Approximately 7,000 sq m
• Investment: Approximately $5.6m
• Number of employees: Approximately 180 from SOP

Sign up for our daily news round-up!

Give your business an edge with our leading industry insights.

Sign up