Aisin AW to reinforce its manufacturing site in USA

Aisin AW Co., Ltd. announced that it has determined to make a new investment to enhance the business ability of its automatic transmission business in USA. The company will invest USD 400 million in the new manufacturing site, generating 900 jobs, a monthly production capacity of about 200,000 units, and start of production in September 2021. It will strengthen its capability of manufacturing ATs for SUVs and hybrid transmissions as electrified products in USA. (From a press release on April 26, 2019)