Toyoda Gosei setting up plant in Brazil

Published: February 22, 2013 1:50 pm ET
Updated: February 22, 2013 2:00 pm ET

KIYOSU, JAPAN – Japanese automotive supplier Toyoda Gosei Co. Ltd. is establishing a new company in Itapetininga, Brazil, that will manufacture rubber and plastic components.

The Kiyosu-based company is investing 90 million Brazilian real ($45.6 million) to set up the plant near São Paulo.

The company cited rising demand and the prospect for expanded auto production in South America.

Toyoda Gosei will own 94.8 percent of the company, which will be known as GDBR Indústria e Comércio de Componentes Químicos e de Borracha Ltda.

The plant is scheduled to start production in November 2014.

The operation will be Toyoda Gosei's first in South America.


Comments

Toyoda Gosei setting up plant in Brazil

Published: February 22, 2013 1:50 pm ET
Updated: February 22, 2013 2:00 pm ET

Post Your Comments


Back to story

Market Reports

North American Thermoformed Packaging Market Outlook & Review 2015

Our annual report provides a thorough review and analysis of economic and political conditions, emerging market trends, packaging design advances, materials pricing and sustainable packaging issues impacting supply and demand in the TP segment. Our analysts identify key drivers of growth and opportunities for processors to remain competitive in the years ahead through innovation, production efficiencies and more.

Learn more

Plastics Recycling Trends in North America

This report is a review and analysis of the North American Plastics Recycling Industry, including key trends and statistics based on 2013 performance. We examine market environment factors, regulatory issues, industry challenges, key drivers and emerging trends in post-consumer and post-industrial recycling.

Learn more

Plastics Caps & Closures Market Report

The annual recap of top trends and future outlook for the plastics caps & closures market features interviews with industry thought leaders and Bill Wood’s economic forecast of trends in growing end markets. You will also gain insight on trends in caps design, materials, machinery, molds & tooling and reviews of mergers & acquisitions.

Learn more

Upcoming Plastics News Events

June 2, 2015 - June 3, 2015Plastics Financial Summit - Chicago 2015

September 15, 2015 - September 17, 2015Plastics Caps & Closures - September 2015

More Events