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Toyoda Gosei Concludes Long-Term Purchasing Agreement for Renewable Energy in North America

Jan 07, 2025•over 1 year ago

Contract Type

agreement

KiyosuManufacturing

Description

Toyoda Gosei North America Corp. (TGNA) has concluded a purchasing agreement with Eurus Energy America to advance its transition to greater use of renewable energy in North America. TGNA will purchase renewable energy certificates over ten years to increase its use of renewable energy, which is predicted to cut CO2 emissions by about 40,000 tons per year.

Company Information

Company

Toyoda Gosei Ltd

Location

Kiyosu, Aichi, Japan

About

Toyoda Gosei specializes in manufacturing and sales of automotive parts, including weatherstrips, functional parts, and safety systems.

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Agreement Insights

Based on industry data
Contract momentum indicator
Companies with recent agreements are 2.3x more likely to make additional purchases within 6 months