Toyota Boshoku Corporation, Delta Kogyo, and Toyo Seat have completed their preparations and established the joint venture company in the US.
Toyota Boshoku AKI USA, LLC is the new company established as a joint venture by Toyota Boshoku America, which is the North and South America Regional Management and Collaboration Hub of Toyota Boshoku, and AKI USA Corporation, which is the US joint venture between Delta Kogyo and Toyo Seat.
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Toyota Boshoku AKI USA, LLC was established to produce automotive seats for delivery to Mazda Toyota Manufacturing (Alabama, US) and is scheduled to begin production in 2021.
The new company seeks to achieve increased competitiveness in seat manufacturing by efficiently utilising the production know-how and resources of Toyota Boshoku, Delta Kogyo, and Toyo Seat.
Overview of New Company
- Company Name: Toyota Boshoku AKI USA, LLC
- Location: Athens, Alabama, US
- Representative: president Shinichi Yamaguchi (current executive vice president of Toyota Boshoku America); vice president Koji Wakida (current staff manager of Delta Kogyo, Alabama project leader)
- Established: September 2019
- Capital: US$60m
- Ownership: Toyota Boshoku America: 50%, AKI USA: 50%
- Number of employees: Approx. 400
- Business: Manufacture and sales of automotive seat
- Production start: 2021
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