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Toyoda Gosei and Tokai Rika to Collaborate on Safety Systems

Plymouth and Troy, Mich., February 10, 2003 — Toyoda Gosei Co. Ltd. and Tokai Rika Co., Ltd. (Japan) have agreed to collaborate globally for the development and testing of Safety Systems.

Toyoda Gosei North America Corporation Corp., the North American headquarters of Toyoda Gosei, and TRAM, Inc., the North American headquarters of Tokai Rika, will construct a facility in Plymouth, Michigan, for a Hydraulic Reverse Crash Sled Accelerator which will have the ability to test driver, passenger, curtain and side airbags. Ground has already been broken for the building, which will be operational by August 2003. Negotiations are currently in progress to determine the details of the relationship.

Global Toyoda Gosei, with headquarters in Nagoya, Japan, and Troy, Michigan, U.S.A. is a world-class supplier to the automotive industry. Toyoda Gosei’s five product categories include: Sealing Systems, Interior / Exterior Systems, Optoelectronics, Fuel System / Functional Parts and Safety Systems. The TG Group employs over 12,000 people and this collaboration will increase the number of Toyoda Gosei’s worldwide manufacturing, technical and sales facilities to 48.

The Tokai Rika Group, with world headquarters in Nagoya, Japan, is a full-service supplier for the 21st century. With facilities located in more than ten countries, the Tokai Rika Group supplies parts to companies all over the globe. Their products include automotive parts such as switches, locks and keys, and safety systems. They also produce electrical devices for medical, household and agricultural use.

Media Contact:

John Wells
Toyoda Gosei North America
Tel: 248.280.7312
john.wells@toyodagosei.com