Japanese supplier Toyoda Gosei has set up a new company in Mexico to strengthen its automotive rubber hose production in the US. The new company, Toyoda Gosei Rubber Mexico, S.A. de C.V. (TGRMX), will start production of fuel hoses and radiator hoses in February 2015 in Matamoros City, Tamaulipas, and employ 140 workers. This will be Toyoda Gosei’s third manufacturing base in Mexico and it will cater to Toyota in the US, Canada and Mexico, with expected sales of US$3.2 million for fiscal 2015.
Established in 1949 and headquartered in Kiyosu, Aichi prefecture, Japan, Toyoda Gosei has grown as a manufacturer in the area of polymers (such as rubber and plastics) and optical semiconductors. Today, the company internationally provides a variety of automotive components and LEDs with its network of 60 group companies in 17 countries and regions worldwide.