Klášterec nad Ohří, Czech Republic – Japanese car parts maker Toyoda Gosei has unveiled plans to expand its production facility in Klášterec nad Ohří, in the Czech Republic’s north-western part, reports local daily Deník.
The manufacturer says it specialises in making plastic, rubber and urethane products for cars and other vehicles. The company’s product range includes a wide range of automotive components, such as interior and exterior parts, weatherstrips, as well as LED lighting and parts for other industries, according to data from Toyoda Gosei.
Under the plan, the Japanese firm will build new production halls and take on a maximum of 160 new employees at its factory. This would increase the plant’s workforce to around 620 employees. The amount of the planned investment was not disclosed.
The Czech production facility is enabled with an annual capacity of 8,400 tonnes, or about 10 million units per year. The offshoot supplies its output to a number of major car brands, including GM, Toyota, BMW, Mercedes-Benz, Fiat, Subaru, Suzuki, Honda, Ford, PSA, Renault–Nissan and others.
The investment will be carried out by the firm’s local subsidiary, Toyoda Gosei Czech s.r.o. The company expanded to the Czech market in 2001.
The Japanese group was set up in 1949, and it is based in Kiyosu. Toyoda Gosei posted revenues of JPY 781.8bn (€6.8 billion) for the financial year ended on 31 March.