Friday, September 15, 2006

Toyota Auto Body invests RM174m in two factories

BY SHILING WOON
Update by the StarBiz Desk

SHAH ALAM: Toyota Auto Body Co Ltd Japan has invested about RM174mil to set up two automotive parts manufacturing factories in Malaysia. These plants, which located at section 23, Shah Alam comprise the resin parts molding factory that manufacture bumpers, instrumental panels and door trims specifically for Toyota Avanza. Toyota Auto Body has installed resin-molding equipment which can produce a variety of automotive parts.

The production of resin-based plastic parts were previously manufactured in Sugity Creatives, a subsidiary unit of Toyota Auto Body in Indonesia. "The setting up of the plant in Malaysia can assist us in reducing logistic costs, as well as increasing productions efficiency and allows us to enhance customer services in this country," said managing director of Toyota Auto Body (M) Sdn ) Hirofumi Yamada at the opening ceremony of the resin parts plant here on Thursday.

http://biz.thestar.com.my/news/story.asp?file=/2006/9/14/business/20060914181734&sec=business

so now local vendors can stop dreaming of supplying to TOYOTA and PERODUA for that matter?



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