otive Alabama, Inc. (YAA) in the USA (a consolidated subsidiary) Sep. 2016 Acquired the stock shares that Sumitomo Corporation, Shonai Bank, Ltd., and Yorozu Service Corporation held in Shonai Yorozu Corporation (SY), turning SY into a wholly owned subsidiary. Sep. 2017 Expanded the production plant and installed additional production facilities at Yorozu Engineering Corporation. Sep. 2018 Expanded the production plant and installed additi...

Major Suppliers  Updated at: 2025/10/03

ss company, was established on October 1, 2021. -The Company's battery production capacity as of the end of the fiscal year that ended on December 31, 2024 was 81.5GWh. It plans to achieve more than 199GWh by the end of 2025 to meet customer demand. SK On to postpone operational launch of Tennessee Plant-Several South Korean media sources reported that SK On Co., Ltd., a secondary battery manufacturer, will postpone the operational launch of its ...

Major Suppliers  Updated at: 2025/09/30

capabilities for the Company. In June 2021, the Company had divested specific assets of its U.S. BlankLight business, which provided laser=welded solutions for material, weight, and cost reductions, to Worthington Industries. The divested assets included four facilities in Bowling Green, Kentucky; Canton, Michigan; and two in Valley City, Ohio. In April 2021, the Company sold its CastLight business, which provided custom aluminum and magnesium d...

Major Suppliers  Updated at: 2025/09/11

third quarter results (cumulative) Sumitomo Electric Industries, Ltd.'s second quarter results (cumulative) Sumitomo Electric Industries, Ltd.'s first quarter results Business Strategy Strengthen connector production and increase sales to Chinese OEMs-Install facilities and equipment at the new-plant building in Changshu, Jiangsu province, and launch production in this fiscal year.-Double the production capacity achieved in FY 2023, by 2027.(...

Major Suppliers  Updated at: 2025/09/02

ntage of sales outside Japan was 90.3%. -Sales and revenue to the Honda Group accounted for 37% of sales and revenue in the fiscal year that ended in March 2025. -Manufacturer conducting seamless business operations, from developing friction materials up to assembling clutches. It has 22 production plants outside Japan, in 10 different countries. -Listed on the Prime Market of the Tokyo Stock Exchange (As of Mar. 31, 2025) Name or Compan...

Major Suppliers  Updated at: 2025/09/02

ions targets are listed below. (2030) Scope 1, 2, and 3: 42% reduction compared to 2022 emissions (2045) Net zero. 90% for all scopes compared to 2022 emissions Investment activities Expand display production in Brazil-Marelli, in a social media post, announced an investment in the Hortolândia plant in Brazil. The facility is now capable of producing 130,000 display units annually. The plant will also manufacture clusters, body computers, el...

Major Suppliers  Updated at: 2025/08/21

ring adjustments to the site’s capacities. This will affect almost all employees at the site, excluding apprentices, dual students, employees on part-time retirement, and the Aftermarket and ZF Engineering operations. (From a Company press release dated November 22, 2024)Job cuts at Saarbrücken plant-Media sources report that the Company will cut 1,800 jobs at its Saarbrücken plant in Germany by 2025. This is part of the plan announced in Ju...

Major Suppliers  Updated at: 2025/07/29

nted at CES2017 Harman and Baidu collaborate on AI solutions for Chinese automotive market HARMAN expands connected car, in-car audio business in China with new contracts Harman delivers premium sound for all-new Mini Countryman Harman working with IBM to bring security analytics to OEMs Harman and CANTON partner up to deliver audio solution for the new Skoda Kodiaq Harman’s Smart Telematics Gateway brings advanced connectivity, security and OT...

Major Suppliers  Updated at: 2025/07/28

n Inc. press release on September 11, 2024)  Recent Developments Localization of MS-18X HD axle production in Osasco, Brazil-On November 13, the Company announced plans to localize the production of its MS-18X HD axle for heavy-duty trucks at its Osasco factory, starting in January. Initially, the plant will produce core components, including the crown and pinion gears, with a gradual increase in local content by 2025. Enhancements, such as surf...

Major Suppliers  Updated at: 2025/07/28

urer of high-precision electrical connectivity components used in EV, energy management, industrial and mobility markets. Royal Power Solutions has approximately 450 employees and manufacturing facilities in Carol Stream, Illinois, and Queretaro, Mexico, along with a sales and engineering office in Canton, Michigan. The new operations will be reported within the Company’s eMobility business segment.-In August 2021, the Company completed the sal...

Major Suppliers  Updated at: 2025/07/28

ation for Industry and Commerce recently. With the acquisition, Changsha Adient changed its name to Changsha Huacheng Automotive Components Co., Ltd., with GAC Component owning 52% and Tiancheng Controls owning 48% of the joint venture. (From a press release dated August 20, 2024)Closure of seating plant in Kragujevac, Serbia-Multiple sources reported that the Company plans to close its seating system plant in Kragujevac, Serbia by the end of Feb...

Major Suppliers  Updated at: 2025/07/28

nt outside Japan Starts construction of electric wire harnesses factory in Fayoum, Egypt The General Authority for Investment and Free Zones (GAFI) announced the groundbreaking ceremony for the electric wire harnesses factory of the Company at the Kamal facility in Fayoum, Egypt. The new 70,000 sqm plant will be established at an estimated cost of EUR 30 million and will create more than 3,000 direct and indirect jobs. The construction work has s...

Major Suppliers  Updated at: 2025/07/28

enue and profitability in this vehicle segment. This new unit focuses primarily on business with components for medium and heavy trucks as well as agricultural commercial vehicles. Initially, it will focus on the commercial vehicles business in Europe and South America. The Company already operates plants which manufacture exterior and interior products for commercial vehicles in Belgium, Czech Republic, France, Germany, Poland, and Brazil. It al...

Major Suppliers  Updated at: 2025/07/16

ith outputs of 70 kW (about 95 horsepower), 50 kW (about 68 horsepower), and 200 kW (about 272 horsepower). It will narrow down customers in China to GAC Group and joint ventures between Japanese OEMs and GAC Group. (From an article in the Nikkan Jidosha Shimbun on April 25, 2024) 2025 Production Plants of e-Axle (Released by the Company October 24, 2022) Function Location Company name Production capacity(000s/year) Remarks Production site...

Major Suppliers  Updated at: 2024/12/24

pdated based on the announcement of the company's financial results. Past Performance FALTEC Co., Ltd.'s third quarter results (cumulative) FALTEC Co., Ltd.'s second quarter results (cumulative) FALTEC Co., Ltd.'s first quarter results Manufacturing Facilities in Japan Name Location Fukushima Plant  Iwaki City, Fukushima Pref. Tatebayashi Plant  Tatebayashi City, Gunma Pref. Kanda Plant 1 Miyako-gun, Fukuoka Pref. Kanda Plant 2 Miya...

Major Suppliers  Updated at: 2024/09/09