Japanese suppliers in the US: expanding production capabilities

Akebono Brake, Koito, FCC, Topre, Toyota Industries, Teijin, Tachi-S, and Alpine

2012/08/03

Summary

 In 2011, the total sales volume in the U.S. market for light vehicles showed an increase of 10.5% to 12,776K units. The sales volume continued to rise, achieving a 14.8% year-on-year increase to 7,272K units during the first half of 2012 (January to June). At this rate, the year-round sales volume for 2012 is expected to reach 14 million units.

 This trend has also helped the recovery of production volume in the U.S. auto industry with a 10.4% y/y increase to 8,375K units in 2011 and a cumulative volume of 4,351K units during January to May 2012, which is a 26.3% increase from the previous year. The total U.S. production volume for Japanese OEMs in 2011 decreased to 2,388K units, down 9.9% from the previous year. In 2012, the production volume showed a rapid recovery during the first five months with a 53.3% year-on-year increase to 1,470K units.

 Expecting the market to expand in the medium term, the Japanese OEMs are aggressively enhancing their production capacities in North America. They have now accomplished a local production rate of 66% (local production volume/local sales volume) in the U.S. for the January to May period in 2012. The Japanese OEMs plan to increase exported vehicles from the U.S. as well.

Annual production units in the U.S.(light vehicles)
Monthly Production by Maker/Brand in USA

Toyota, Nissan, Honda: production capacity enhancement plans in North America

Toyota  In November 2011, production begins at Toyota's new Mississippi plant with an annual capacity of 150K units. It plans to add the production capacities at the Woodstock plant in Canada and the Indiana plant by 50K units, respectively, for export from the U.S. by the beginning of 2013. There is also a plan to increase its local production capacity of powertrains.
Nissan  Its Tennessee and Mississippi plants have switched their work operation to three shifts. Nissan plans to increase the total production capacity by 100K by 2013. The production of the EV Leaf will begin from 2012. Also, the OEM will start production of a new small car in Mexico plant with an initial production capacity of 175K by the end of 2013.
Honda  Honda has partially transferred its production of the CR-V for export from Japan to its plant in Canada. Production enhancement has been made to its Alabama and Indiana plant. Production at its new Mexico plant, with an annual capacity of 200K units, is planned to start during the first half of 2014.


 The Japanese parts suppliers have responded to these activities by strengthening their production capacities at their existing plants. Japanese companies such as Akebono Brake, Koito, Topre, Unipres, and Piolax have begun production of new items to meet their customers' needs.

 Other suppliers such as Mitsuba and Marujun are integrating their subsidiaries in the U.S. for streamlining and enhancing their Honda parts business. Furukawa Electric and Maruichi Steel Tube have both reorganized their U.S. subsidiaries and renewed their company names in preparation for entry into new business and new customer development.

 Teijin, Alpine, F-Tech, Kasai Kogyo, Tachi-S, and T.Rad are strengthening their R&D structures in the U.S. Faltec is working with a U.S. OEM to establish a global supply system, and Takata made an acquisition to make its way into a new business.


 The following will report on the activities of Japanese suppliers in the U.S and Canada (the report includes activities up to the beginning of July 2012 in the span of one year.)


Related Reports: Japanese suppliers
ASEAN countries (Indonesia, Vietnam and Malaysia)(Jul. 2012), Thailand (1) (Jul. 2012)/(2) (Jul. 2012),
China (East) (Jul. 2012), China (North and Northeast) (Jul. 2012), China (South) (Aug. 2012),
China (Central and Southwest) (Aug. 2012), India (Mar. 2012), Mexico/Brazil (Feb. 2012), Europe (Dec. 2011)



New facilities and enhancements at the US production sites: Toyota Industries builds a new component plant; production begins at second plants for both Imasen Electric Industrial and NHK Spring

Aisan Industry plans on localizing and expanding the production capacity for its fuel pump unit

 Aisan Industry will finalize its plans on enhancing its local production and business in order to improve efficiency in supply and to cope with additional incoming orders in North America during FY2012. The supplier will either upgrade their existing plants in the U.S. or construct a new plant in Mexico. It will improve its production capacity including local production of parts of fuel pump modules currently supplied from outside of the U.S. by FY2015.

Aichi Steel to increase its production capacity on forged parts by FY2015

 Aichi Steel will enhance its production line at Aichi Forge USA, Inc. plant in Kentucky to increase its annual production capacity to 60K tons by FY2015 (1.5 times increase from the estimated production volume for FY2012). This is to cope with Toyota's plan to shift the production of engines and transmissions from Japan to the U.S. Currently Toyota is exporting those unit parts from Japan.

Akebono Brake introduces ferritic Nitro-carburizing (FNC) surface treatment facility to Tennessee plant

 Akebono Brake Corporation, a U.S. subsidiary of Akebono Brake, has completed its development of an FNC surface treated rotor. FNC prevents judders caused by corrosion on rotors. Akebono Brake will be the first brake manufacturer to mass produce FNC treated rotors. The FNC treatment facility will be built at the Clarksville plant in Tennessee and the shipping to its U.S. customers will begin at the end of 2012. With the introduction of FNC rotor, its anticorrosion performance is expected to improve nearly five times over the legacy rotor, thus, improving the initial quality performance of the rotor. By processing the FNC treatment in-house, Akebono aims to improve production efficiency as well as profitability.

Advics starts production on its newly built high-efficiency line for low-volume production from June 2012

 Advics will begin production on its new line at ADVICS Manufacturing Indiana, L.L.C. plant which can produce parts in low-volume (1/4 to 1/8 of the usual volume) while still being profitable. This line can be applied to brake master cylinder production, as well as other brake parts since the line comprises a group of general-purpose machines. The manufacturer can convert it for production of different brake parts with only a small investment. This will help the company to flexibly comply with customers' versatile needs and the changing market demands while also expanding its business.

Imasen Electric Industrial starts operation at its second plant in Tennessee

 In April 2012, Imasen Bucyrus Technology Inc., the U.S. subsidiary of Imasen Electric Industry, started its production at its second plant in Tennessee. This will bump up its production capacity of the seat adjuster, Imasen's main product, by 40% in the U.S. The sales for the Tennessee plant is expected at 50 million dollars for the fiscal year ending March 2013. The supplier is planning on expanding its adjuster business in North America to a total of 14 billion JPY annually (including sales from its first plant in Ohio).

FCC to strengthen its clutch production capacity. Begins its production of friction materials in the U.S. for the first time

 FCC will add its annual clutch production capacity of 2.2 - 2.3 million units (2012) to 3.4 - 3.5 million units by the end of 2013 in the U.S. Eight billion JPY will be spent on this enhancement. The company will transfer its production of friction materials from the Ryuyo plant in Shizuoka, Japan to the Suzuka plant in Mie prefecture and to FCC (North Carolina), LLC. during March 2012 to October 2014 to cope with increased clutch production and to avoid risks relating to Tsunamis and liquefactions at its Japanese plants. It will be the first time for FCC to produce friction materials outside of Japan.

Koito to begin production of LED headlamps from 2013; plant specializing on mold manufacturing is already in production

 The U.S. manufacturing company of Koito, North American Lighting, Inc. (NAL) completed the construction on the second plant in Alabama, which specializes in headlamps, and began production in January 2012. NAL will also begin production of LED headlamps at its Illinois plant from 2013 which will be shipped to Japanese automakers in the U.S. as well as U.S. OEMs. Moreover, in March 2012, NAL constructed a mold production plant in Indiana to improve its price competitiveness as well as its development capability by switching the molded plastic parts to in-house production. Approximately one billion JPY was spent for the construction of this mold manufacturing site. Molds produced at this site will be supplied to its Illinois and Alabama plants. The company aims to raise its in-house production rate of molds to more than 10% within the next two to three years.

JSP acquires a U.S. plant to strengthen its expanded polypropylene (EPP) business

 In August 2011, JSP acquired Michigan based plastic beads molder, Maverick Industries, including their entire facility as part of their strategy in strengthening its EPP sector. The acquisition was made to comply with the increasing demand on EPP in North America. The plant is equipped with an annual molding capacity of 1,500 tons. JSP will continue its operation with the existing staffs. The new operation commenced in September 2011.

Sumitomo Metal Industries considers improvements to its crankshaft production capacity

 Sumitomo Metal Industries is considering an increase to its production capacity at International Crankshaft Inc. (ICI) in Kentucky from 2.7 million (2012) to more than 3 million by 2015 to cope with forecasted growth in demand due to increased vehicle production volume in North America.

Taiho Kogyo to strengthen production capacity in Ohio in summer of 2012; the production of plastic coated bearings to begin in 2013

 Taiho Kogyo will add two more lines to Taiho Corporation of America, its U.S. plant in Ohio, to increase its production capacity of 1.8 million bearings per month to 3 million by the summer of 2012. Moreover, a total of six plastic coated bearing lines will be added to the Ohio site and its Hungary site. The production is to begin in 2013. The enhancements are made as a result of severe cost competition and a strong yen. This will help the supplier gain its price competitiveness power in cost with increased overseas production percentage.

Tsubakimoto Chain to increase production capacity of timing chains for engines from 2012 to 2014 or 2015

 Due to increased orders for engine timing chains in the U.S., Tsubakimoto's timing chain manufacturing plant is in full operation. To resolve this situation, the supplier will begin manufacturing parts for its auto chain system at its conveyer belt chain plant in Portland Tennessee during 2012. In 2013, new orders will be coming in from GM. Moreover, a production capacity shortage is expected by 2014 or 2015 with Mazda and Honda beginning new production in Mexico as well as increased production at Nissan. The chain manufacturer will enhance its supply system in North America to resolve this issue by utilizing its existing plants in the U.S. Additionally, it is considering the expansion of its plants to Mexico.

T.Rad invests on increasing EGR cooler production capacity

 T.Rad will spend 500 million JPY to purchase an additional vacuum brazing furnace for stainless steel at its American subsidiary T.Rad North America, Inc. in Kentucky during 2012. It is planning to increase its EGR cooler production capacity by 60% from its FY2012 estimated production volume of 400K units by FY2015.

TPR to establish its second cylinder liner production site in the U.S.

 TPR announced that it will establish a new cylinder liner manufacturing company with an American company, Federal-Mogul Powertrain, Inc. The new company will be called TPR Federal-Mogul Tennessee, Inc., capitalized at 20 million dollars. 53.9% of the share will be held by TPR America Inc. The total investment will be 2.5 billion JPY except the costs for the site and buildings. The production is set to start in May 2013 at an initial production volume of 12 million units (for FY2014). The investment will be made to cope with the growing demands due to increased production of aluminum block engines in the U.S.

Topre to manufacture 1470 MPa ultra-high-strength steel

 Topre will invest 6.5 billion JPY on Topre America Corporation in Alabama to expand the plant, the building, the die-quench method facility, and enhance a large-size transfer press. Topre will set up an ultra-high-strength steel production facility to produce steel with a tensile strength of 150kgf/mm2 (1,470 MPa) which is planned to start production in September 2012. Demands for stronger and lighter bodies are increasing in the U.S. with the reinforcement of crash safety in 2012.

Toyobo expands its business to the U.S. to strengthen its airbag business

 Toyobo established a sales company for airbag ground fabric, TOYOBO INDUSTRIAL MATERIALS AMERICA INC., in Michigan in April 2012. The capital funding is nine million dollars and the total investment for this project is approximately one billion JPY. The production will be done at a company established by Polyamide High Performance Inc. (PHPI) with quality management by Toyobo. A test run will begin in July 2012 and product sales will begin around December targeted mainly to Japanese suppliers in the U.S. Toyobo and PHPI already have established a collaborative relationship in production and distribution in the airbag yarn business.

Toyota Industries increases production capacity of variable displacement compressors for A/C and builds new plant for components

 In January 2012, Toyota Industries announced that it will increase production of auto air conditioner compressor at its two existing plants in the U.S. by 40% (compared with 2010) to seven million units by FY2016. Also, around 90% of the produced compressor will be switched to the variable displacement type. In February 2012, Toyota Industries established Toyota Industries Compressor Parts America, Co. (TICA) in Georgia to produce variable displacement compressor composite parts, such as pistons, as a step to realize this plan. The capital funding is 150 million dollars and the investment is 350 million dollars. The plant is set to begin production in September 2013 with an annual production capacity of six million vehicles. The produced parts will be shipped to two assembly plants for compressors. Import of this component from Japan will terminate in 2013.

NHK Spring begins seat manufacturing at second plant; drive motor core plant to begin mass production in 2013

 NHK Seating of America, Inc. (NSA)'s Murfreesboro plant in Tennessee, a U.S. second plant for seat production, started production in January 2012. The supplier aims to increase its sales 1.5 times the current amount in two years. The new Kentucky plant for drive motor cores is in the test production phase, and will start mass production in 2013.

Nippon Piston Ring increases production capacity of valve seat

 According to the president of Nippon Piston Ring, Shigeo Takahashi, the company will "add its production line to double the production capacity of valve seats from the current two million to four million per month" (reported on January 23, 2012).

Piolax to start production of battery parts for electric vehicles in the latter half of 2012

 Piolax will produce Li-ion battery parts, such as insulating spacers and unit covers, in PIOLAX CORPORATION PA (Georgia) by the latter half of 2012, with investment of a total of 700 to 800 million JPY. This is to cope with Nissan's production of EV batteries for the Leaf at the Smyrna plant in Tennessee. Piolax forecasts its annual sales to reach an average of 500 million JPY between 2013 and 2015 when the production expects to be at full scale.

HI-LEX to enhance its control cable line at the Michigan plant

 HI-LEX Corporation will invest 900 million JPY to enhance its product line for the auto control cable at its U.S. subsidiary HI-LEX CONTROLS INC. in Michigan during 2012. The enhancement is made to cope with increased orders from GM for its global strategic cars.

Faurecia-NHK (FNK) to establish a U.S. branch to expand its business with Nissan

 Faurecia‐NHK has scheduled to set up a U.S. branch in order to provide more intimate support to Nissan in the U.S. (announced by Faurecia in March 2012). Patrick Koller, Executive Vice President of Faurecia Automotive Seating states "Faurecia's automotive seating business expects to be further boosted by the Renault / Nissan global approach."

Hitachi Chemical to increase production capacity of variable valve timing mechanism parts 1.5 times the current capacity

 Hitachi ChemicaSintering Technologies, Inc. (STI) in Indiana has increased its production capacity of variable valve timing mechanism parts by 1.5 times and started full operation in February 2012. The U.S. subsidiary changed its name to Hitachi Powdered Metals (USA), Inc. last April.

Mitsubishi Heavy Industries to construct turbocharger plant

 Mitsubishi Heavy Industries (MHI) will construct a new plant in the U.S. to manufacture turbochargers. Specifics such as production capacity and investment amounts will be finalized within 2012. The construction is a part of MHI's plan to increase its global production capacity of turbochargers to 2.3 times to ten million units by FY2016. It will enhance its production capacity in China and Thailand to cope with a global increase of orders from U.S. and European OEMs such as GM and Volkswagen.

Univance to start production of transfers by expanding its existing site

 Univance will start production of transfers for FWD-based all-wheel drive vehicles at UNIVANCE INC., in Kentucky in 2013. The transfers will be equipped on Japanese SUVs produced in the U.S. To cope with expected orders from several OEMs, it has doubled the site by constructing a new building right next to the existing UNIVANCE INC. plant. The expansion is a part of Univance's plan to achieve revenues from foreign sales to 25% of consolidated revenues from the current 5% by FY2015.

Unipres to install large-size stamping machines to enhance high-strength steel production

 Unipres will invest 900 million JPY for the installation of a 2,500 ton transfer (TRF) stamping machine. The production is scheduled to begin in September 2013. The investment was made to comply with its main customer, Nissan's plan to redesign or launch a total of 19 models globally. It will enhance its global supply chain of high-strength steel.

Yuhara Manufacturing to improve production of its auto shaft by 30%

 Yuhara Manufacturing will increase its production capacity of auto shafts from the current 520K/month by 30% at its U.S. subsidiary Yuhara Manufacturing USA, Inc. in Georgia. It will invest 70 million JPY to install six milling machines and one automatic inspection device by July 2012. This is to cope with newly received orders from a Japanese parts suppliers in the U.S.

Yokohama Rubber considers construction of new plant in North America in its new mid-term plan

 In February 2012, Yokohama Rubber announced its medium term management plan "GD 100 phase III (2012 to 2014)". It describes the supplier's plan on aggressive investment to build new plants in China, India, North America, Central and South America as well as to increase production capacities in existing plants outside of Japan. The aim is to increase the foreign production ratio from the current 38% to 45% by the end of 2014.

 

 



Reorganization and streamlining of business structures in the US; elimination and consolidation of local companies

Akebono Brake to consolidate eight of its U.S. subsidiary into one; capital increase of 7.8 billion JPY

 Akebono Brake consolidated its eight subsidiaries in North America in order to improve its operation efficiency. Akebono Corporation (North America) in Michigan will be the surviving company and the rest will be liquidated. As of January 1, 2012, the name of the surviving company has been changed to Akebono Brake Corporation. As the sole owner of the subsidiary, Akebono brake made an additional 99.79 million dollar investment to strengthen the infrastructure of its North American business. It plans to make a turnaround in its profit for the North American business for FY2012.

Kasai Kogyo freezes its plan for establishing U.S. regional headquarters

 Kasai Kogyo has frozen its plan to establish a U.S. headquarters within its interior material plant in Tennessee. It has prioritized establishment on production operations in developing countries such as China and India to cope with Nissan's medium term plan. The supplier announced that it will establish a North American regional headquarters which will manage four U.S. plants and a plant in Mexico as well as its sales office in Canada when Kasai Kogyo announced its FY2010 financial statement in May 2011.

Furukawa Electric consolidates two U.S. subsidiaries for business efficiency and to expand sales

 Furukawa Electric announced that on September 30, 2011 it had consolidated American Furukawa, Inc. (AFI) in Michigan, which specializes in production and sales of auto electric components, and Furukawa Wiring Systems America Inc. (FWSA) in Texas which specializes in production and sales of wiring harnesses. FWSA is the surviving company. The companies will share their sales network, widening their target to Japanese OEMs as well as Western automakers in the U.S. and Mexico. It also hopes to cut down on its logistical costs.

Maruichi Steel Tube changes company name to prepare for development of its new business

 In April 2012, Maruichi Steel Tube announced that it has changed the name of its U.S subsidiary from Leavitt Tube Company, LLC to Maruichi Leavitt Pipe & Tube, LLC. Maruichi Steel Tube decided to change the name because it has had 60% of its share since May 2008 and the subsidiary will begin production of steel tubes used for cars. Additionally, it is planning to start the production of line pipes by the end of 2012.

Marujun to make partly owned venture its wholly owned subsidiary; restructuring and sales strategies will be reviewed and enhancements will be made on its development capability

 Marujun will increase its stake in TOMASCO Indiana Corporation in Indiana from 10% to 80% to make it a subsidiary. Share was acquired from American Honda Motor Co., Inc., a U.S. subsidiary of Honda. The company will be renamed Indiana Marujun Corporation. TOMASCO Indiana LLC., its subsidiary, will also change its name to Indiana Marujun LLC. Marujun will review organizational restructuring and sales strategies and make enhancements on its development capability.

Mitsuba to merge its three Honda parts businesses

 As of January 1, 2012, Mitsuba merged AMERICAN MITSUBA CORPORATION (AMC) in Illinois with its sub-subsidiaries CME LLC (CME) and CME AUTOMOTIVE LLC (CMEA). By integrating these businesses in North America, Mitsuba aims to improve its operating efficiency. The group is the whole owner of the above-mentioned companies providing parts to Honda vehicles. Mitsuba currently does not have any plans to review the business structure of MITSUBA BARDSTOWN INC. in Kentucky which manufactures auto parts for Nissan.

Yutaka Giken dissolves its U.S. subsidiary and reorganizes its production operations

 As of June 30, 2012, Yutaka Giken has dissolved its consolidated subsidiary, SOUTH CAROLINA YUTAKA TECHNOLOGIES INC. (SCYT) in South Carolina. This action was taken as part of its restructuring plan on its production site after the financial crisis in 2008. SCYT will no longer produce parts for motorcycles (parts for ATVs) and exhaust systems components business for automobiles will be aggregated to plants in Alabama and Ohio.

 

 



Enhancement, cooperation, and acquisition of R&D sites in US

Alpine constructs a new research center in San Jose

 In October 2011, Alpine constructed a new research site in San Jose, California. The purpose of the establishment is to expand the company's presence in the in-vehicle cloud computing business and to advance its vehicle communication systems using smartphones. Alpine has already established Alpine Electronics Research of America (Torrance, California) as the center for R&D in North America and the new R&D office in San Jose, will function as a branch of the existing facility located at the heart of Silicon Valley where many of the latest technology companies are located. Its goal is to collaborate and making proactive proposals to Japanese and European OEMs located in that area.

F-Tech to enhance its development structure in North America

 From 2014, F-Tech will receive orders from GM for their front and rear suspension parts by models. The parts will be orders by models to be used for models built in Canada, Mexico, China and South Korea (as opposed to orders made by regions). The increased order placed to F-Tech as a result of its light-weight proposal. The supplier began its 24-hour global four shift R&D by collaborating with its four centers located in Japan, U.S., the Philippines, and China. It will recruit more researchers at the U.S. plant to further enhance its development structure.

Kasai Kogyo to double researchers at its design site in Michigan

 Kasai Kogyo will double its staff to 60 at its Columbus office in Michigan by the end of 2012. It will install the same product evaluation facility as those in Japan to make pre-production evaluation in the U.S. possible to make time used from development to mass production shorter.

Shigeru to switch its procurement source for car interior materials from Japan to Indonesia

 Shigeru has switched its source of procurement for door trims used at Heartland Automotive, LLC in Indiana from a company in Japan to a company in Indonesia. Its goal is to improve its declined profit caused by the strong yen by procuring from Indonesia where labor costs are cheaper (according to the news report on February 9, 2012).

Showa considers making strategic collaboration regarding electric power steering technology with TRW

 On March 30, 2012, Showa announced that it has begun considering strategic collaboration with TRW regarding electric power steering technology. This does not include a capital alliance with TRW. It is analyzing and studying the possibility of collaboration with regards to services provided to Japanese customers.

Tataka agrees with BAE on acquisition of BAE's U.S/German subsidiaries

 In March 2012, Takata announced that it has agreed with BAE Systems to acquire its subsidiary BAE Systems Safety Products Inc. in Pompano Beach, Florida and Schroth Safety Products GmbH in Arnsberg, Germany for 32 million dollars. The two companies manufacture and sell seat belts for airplanes, helicopters, and racing cars. Takata aims to enhance operation in the motor sports area, start a full-scale aerospace business, and expand its safety business outside of passenger cars.

Tachi-S to enhance global development and to increase staff in North America and China

 Tachi-S is planning to expand its R&D capability. Upfront development of new products and state-of-the-art technological development will be done in Japan. R&D centers in the U.S. (Detroit) and China (Fuzhou) are capable of prototyping and experimenting. In FY2010, there were 400 R&D staff working at Tachi-S worldwide. Of those, 300 were Japanese. The supplier plans to increase them to 800 by FY2015 with 500 in Japan and the increased number in North America and China. A complete production system is to be established by adding development capability to parts production and precision machining sites outside of Japan. Moreover, if Tachi-S were to "make a bid for global models, the customer sometimes requires us to work with Johnson Controls, our U.S partner" said Hiroshi Taguchi, president, Tachi-S commenting on his observation on the changing competition conditions in the industry.

Teijin to establish application development center for auto carbon fiber-reinforced composite material in U.S.

 In December 2011, Teijin established Teijin Composites Application Center (TCAC), a facility for application development of materials such as constructions to apply carbon fiber-reinforced composite material (CFRP) products to vehicles within Teijin Advanced Composites America Inc. in Michigan. Development at TCAC will start on April 1, 2012. It will also co-develop with GM under an agreement made in December 2011.

T.Rad to establish development site for heat exchangers to expand its business

 T.Rad expanded its T.RAD North America, Inc. in Kentucky to establish a new R&D center during 2012. This center will be equipped with a performance testing facility for engine coolers and auto-/industrial heat exchanger. Two engineers from Japan will be added to strengthen its product development capability. T.Rad plans to recruit over ten employees in the next few years. It also aims to acquire new European customers in auto manufacturing, mining machinery, and large-size agricultural machine fields.

Faltec complies with increase in global production by establishing partnership with U.S. exterior parts supplier

 In November 2011, Faltec announced that it had agreed to proceed with a partnership agreement with SRG Global Inc. (HQ: Michigan) in the auto exterior business. The two companies will utilize their production sites to globally supplement their production capabilities in regions where their major customers are located. They will also consider collaboration in sales, purchase, and production fields. The collaboration will enable them to make a quick response to the local production request from their clients and to also minimize risks relating to new overseas operations.

 

 



Toyoda Iron Works to collaborate in parts production in Canada

Toyoda Iron Works collaborates with Techno Eight in stamping parts production

 Toyoda Iron Works (TIW), with technical support from Techno Eight, its subsidiary since 2009, is planning to begin production of new orders (hood locks) from 2013 at its Canadian subsidiary, TOYOTETSU CANADA、INC. (TTCA) in Ontario. Production of hood locks is one of Techno Eight's strong areas. It will start the production of hood locks at TIW's U.S. plant in the future.

Source: Press releases of the above companies and media reports

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