Toyota Industries to invest 3 billion U.S. dollars in the next 3 years
According to the latest news from the "Nihon Keizai Shimbun", Toyota Industries plans to invest 300 billion yen, or about 3 billion U.S. dollars, in the next three years to create its own competitiveness. Toyota's new CEO Akira Onishi revealed to the media that the company will invest a total of 300 billion yen in fiscal year 2015 to expand the production capacity of overseas auto air-conditioning parts and other products. In October 2012, Toyota Industries acquired Cascade, a truck parts manufacturer based in the United States, to expand its overseas customer base. Die Casting Part,Aluminium Casting,Die Cast Part Kingrantee Metals Die Casting Product Co., Ltd. , http://www.szdiecastings.com