Tokyo, Japan, April 8, 2016 --- Teijin Frontier Co., Ltd., the Teijin Group's fiber-products converting company, announced today that it established TEIJIN FRONTIER MEXICO S.A. DE C.V in Mexico City on February 3 as its first automotive material subsidiary in the Americas.
The company will manufacture and sell materials for auto manufacturing and serve as a headquarters for the North American market, where Teijin Frontier is aiming to expand market share by supplying rubber and materials for car seats and airbags to Japanese and other automobile companies operating in Mexico. Sales and marketing activities are scheduled to begin in July 2016.
About the Teijin Group
Teijin (TSE: 3401) is a technology-driven global group offering advanced solutions in the areas of sustainable transportation, information and electronics, safety and protection, environment and energy, and healthcare. Its main fields of operation are high-performance fibers such as aramid, carbon fibers & composites, healthcare, films, resin & plastic processing, polyester fibers, products converting and IT. The group has some 150 companies and around 16,000 employees spread out over 20 countries worldwide. It posted consolidated sales of JPY786.2 billion (USD 6.6 billion) and total assets of JPY 823.7 billion (USD 6.9 billion) in the fiscal year ending March 31, 2015.
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