MISSISSAUGA, Ontario, Canada & TROY, Mich., Dec. 5, 2023 – Today, Woodbridge announced it has entered into a joint venture (JV) with TM Automotive Seating Systems. The JV, to be called TMWB Foam Private Limited, will focus on delivering innovative seating systems to commercial vehicle manufacturers and buses.
“We are pleased to partner with TM Automotive Seating Systems to further strengthen our competitive position within the country,” said Bill Drury, Vice President and General Manager, Asia. “This JV combines Woodbridge’s expertise within the foam industry and TM Automotive Seating Systems’ knowledge of the Indian market to provide both companies an opportunity for growth in the commercial vehicle market.”
The JV will be located in Pune, Maharashtra, India.
About Woodbridge
With corporate headquarters in Mississauga, Ontario, Canada, and automotive headquarters in Troy, Michigan, USA, Woodbridge has more than 7,000 teammates in over 40 locations across nine countries. The company offers material technologies for automotive, commercial, recreational, packaging, healthcare, and building product applications. We provide a full complement of services, including prototyping, consulting, technical support, chemical R&D, and accredited laboratory testing.
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