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New company, Aisin Holdings of America, Inc., splits off from Aisin World Corp. of America (January 8, 2001)


On January 1, 2001, Aisin World Corp. of America (AWA) was split so as to form a general management company and a sales company. The sales company will retain the Aisin World Corp. of America name (headquarters: Detroit, Michigan) and the new general management company will be established as Aisin Holdings of America, Inc. (AHA; headquartered in Chicago, Illinois).
AWA has so far served North America with both trading and general management functions. With this split, AWA and AHA will each carry out a respective, clearly-defined function, with the aim of raising the level of operations in these areas.

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