Toyoda Gosei to End Production at its Australian Subsidiary
Kiyosu, Japan, October 13, 2015: Due to its customers’ withdrawal from production in Australia, Toyoda Gosei Co., Ltd. has decided to end production at its Australian subsidiary Toyoda Gosei Australia Pty. Ltd. (TGAU).
Toyoda Gosei is committed to fully supporting all of its approximately 150 employees in Australia in transitioning to a new career. Toyoda Gosei will decide when production will end based on its customers’ schedules.
Naoki Miyazaki, President of Toyoda Gosei, thanked workers for their efforts in producing outstanding products and enhancing quality, but said that 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.
Outline of TGAU
|1. Company name:||Toyoda Gosei Australia Pty. Ltd. (TGAU)|
|2. Location:||South Australia|
|3. Date established:||November 1996 (Capital investment)|
|4. Capital:||18 million Australian dollars|
|5. No. of employees:||150 (As of October 2015)|
|6. Products:||Safety Systems : (Steering wheels, driver-side airbags, etc.)
Automotive Sealing Product : (Weatherstrips, etc.)
Interiors and Exteriors : (Instrument panel components, etc.)
About Toyoda Gosei
Established in 1949 and headquartered in Kiyosu, Aichi Prefecture, Japan, Toyoda Gosei is a leading specialty manufacturer of rubber and plastic automotive parts and LEDs. Today, the Toyoda Gosei group provides a variety of high-quality products internationally, with a network of 66 group companies in 18 countries and regions. Through its flexible, integrated global supply system and leading-edge technologies for automotive safety, comfort, and environmental preservation, Toyoda Gosei is a global supplier that aims to deliver the highest levels of satisfaction to customers worldwide.