Aisin
Seiki Co., Ltd. (President: Kanshiro Toyoda; Headquarters: Kariya, Japan) is setting
up a new factory for auto body parts in Brazil to serve the South American market,
which is expected to expand significantly.
Aisin Seiki had already established a Brazil-based subsidiary for market research,
AISIN DO BRASIL COM.E IND LTDA. (President: Taiji Kishi; Headquarters: Sao Paulo,
Brazil). The company will now increase the capital of this subsidiary to establish
its first production base in South America.
With the overall aim of becoming a global supplier, Aisin Seiki intends to
move ahead with the establishment of overseas production bases best suited to
each characteristics of major regions and the construction of worldwide - efficient
production structure.
Company Profile
Company name: AISIN DO BRASIL COM.E IND LTDA.
New location: Jandira, Sao Paulo, Brazil
Year established: 1974
Capital investment: 11,450,000 reals (including increased investment of
10,800,000 reals)
Ratio of capital investment: 100 percent from Aisin Seiki Co., Ltd.
Products: Door latches, door frames and other auto body parts
Start of production: January 2003
Annual sales: Approximately 8,000,000 reals (projected for 2003); approximately
17,000,000 reals (projected for 2005)
Number of employees: Approximately 30 (projected for 2005)
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