Toyota Tsusho Corporation has established Toyota Tsusho Processing de Mexico SA de CV in central southern Mexico as a new steel processing center.
Toyota Tsusho has also increased the capital of Techno Steel Processing de Mexico SA de CV a currently operating steel processing center in northern Mexico, to boost the center's processing capacity.
The investments will accelerate the expansion of the Toyota Tsusho's steel processing business across Mexico and facilitate the establishment of a unified service from materials procurement to product supply in a country where entities are increasingly turning to local procurement for their material needs.