TRI-AD to expand operations by forming holding company, two new operating companies

Corporate developments

The new ‘Woven Planet Holdings’ will have the strategic decision-making function for the entire group, expand collaboration with partners, create new business opportunities, and provide corporate shared services to new operating companies

Toyota Research Institute - Advanced Development, Inc. (TRI-AD) is forming a new holding company and two operating companies, effective January 2021, in a bid to expand and improve its operations, according to a company press release on 28 July 2020.

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