Toyoda Gosei Co., Ltd. will invest US$59.9M to increase production capacity at two of its American subsidiaries, TG Missouri Corporation (TGMO) and TG Kentucky, LLC (TGKY). Accordingly, the company aims to keep up with growing sales of interior and exterior automotive parts in the key North American market.

Sophisticated Production Technologies

In the future, Toyoda Gosei expects automakers to introduce more diverse lineups of vehicle types. Particularly, battery electric vehicles and others. With a view to this evolution in automobiles, Toyoda Gosei will establish a network that can provide products with a wide range of variations. These include many different types of large painted products that are front and rear components of automobiles.

For that reason, the company is enlarging plant buildings and installing large, energy-efficient electric molding machines. In addition, highly efficient painting booths.

Moreover, it also incorporates the latest production technology, such as product assembly and transport automation, and IoT systems. Particularly, to centrally manage production processes and optimizing production layouts.

North America is a key market in Toyoda Gosei’s medium- to long-term business strategy (2030 Business Plan). Going forward, the company will expand its development and production network to flexibly and rapidly meet customer needs in this essential market.

Outline of TGMO and TGKY

Name	TG Missouri Corporation		TG Kentucky, LLC
Established	April 1986		November 1997
Capital	USD 30 million		USD 54 million
Shareholders	Toyoda Gosei North America Corporation* 80% Mitsui & Co., Ltd. 20%		Toyoda Gosei North America Corporation 100%
Plants	Perryville Plant (HQ)	Indiana Plant	―
Location	Perryville, Missouri	New Albany, Indiana	Lebanon, Kentucky
Products	Interiors and exteriors Safety systems	Interiors and exteriors	Interiors and exteriors Functional components
Land area	Approx. 995,000 m2	Approx. 102,000 m2	Approx. 327,000 m2
Building area	Approx. 120,000 m2 After expansion → Approx. 123,000 m2	Approx. 26,000 m2	Approx. 58,000 m2 After expansion → Approx. 66,000 m2
Employees	1,715 (as of December 31, 2023)	379 (as of December 31, 2023)	1,057 (as of December 31, 2023)
Main new equipment and machinery	Molding machines, assembly equipment, collaborative robots, automated guided vehicles (AGVs)	Molding machines, assembly equipment	Molding machines, painting equipment, collaborative robots, automated guided vehicles (AGVs)
Start of operations	Planned for December 2025 (in new building additions)
New investment amount	USD 21 million		USD 38.9 million
* Toyoda Gosei Group headquarters for the Americas