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Akebono Brake
Akebono files for layoffs in Michigan due to declining U.S. business
Akebono Brake Corp. announced that in "a mass layoff" it is letting go 48 people at its Akebono Engineering Center in Farmington Hills, Michigan in a move that is expected to be permanent, the company said in a WARN statement filed with the Michigan Department of Labor and Economic Opportunity.
In its WARN filing to
Akebono Brake to close plant in Kentucky, U.S
Akebono Brake Industry Co., Ltd. (Akebono Brake) announced that it will close its Akebono Brake, Elizabethown Plant in Kentucky, U.S. The plant conducts manufacturing and sales of brake products such as, disc brakes and drum brakes. Under the alternative dispute resolution (ADR) proceeding for business revitalization
Akebono Brake changes joint venture partner of two Chinese subsidiaries
Akebono Brake Industry Co., Ltd. (Akebono Brake) announced that it has newly concluded a joint venture agreement with Fujiwa Machinery Industry (Kunshan) Co., Ltd. (Fujiwa Machinery), regarding two of Akebono Brake’s consolidated subsidiaries in China: Akebono Corporation (Guangzhou) and Akebono Corporation (Suzhou).
Akebono Brake to supply brake calipers for CUPRA Formentor VZ5
Akebono Brake Industry Co., Ltd. (Akebono Brake) announced that its front 6-pot disc brake caliper has been adopted for the SEAT brand’s CUPRA Formentor VZ5 compact SUV. The disc brake calipers adopted this time are of the opposed-piston type, which achieves high heat dissipation as well as uniform friction material
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