Expansion Management reports on the new factory: Toyota Tsusho America, Inc. and Toyota Tsusho Corporation of Japan have entered into a joint venture with Hasetora Spinning Co., Ltd. to manufacture tufted carpets for the automotive industry. The joint venture, to be called Tuftora Automotive Carpet, Inc., will be located in Chattanooga, Tennessee and employ approximately 20 people and produce 2.5 million square meters of carpet per year, and represents a total investment of $4 million.
Expansion Management
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