Toyoda Gosei to increase capital spending in fiscal 2014-15
Likely to add production capacity in North America
Toyoda Gosei is planning to increase capital spending in the next fiscal year citing new model rollouts by automakers. In an interview with Automotive News, Toyoda president, Tadashi Arashima, said that the company’s capital expenditure will “definitely grow” in the fiscal year 2014-15.
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