Woodstock,
Ontario, Nov. 1, 2002 - Aisin World Corp. of America today announced that it has
established its first automotive components manufacturing presence in Canada,
initially to serve Toyota Motor Manufacturing Canada Inc. (TMMC). Junichi Nishimura,
president, Aisin World Corp. of America, made the announcement.
Located in Woodstock, Ontario, Aisin Canada Inc. will begin production next
August at a 55,000 square foot plant, and will manufacture auto body parts including,
belt moldings and windshield trim for Toyota and LEXUS models. The company will
initially employ 40 people, with an anticipated workforce of 80 by 2005. Though
TMMC will be its primary customer, Nishimura says the company will eventually
serve other major automakers based in North America.
"The close proximity of TMMC and this good community were very important
factors in locating in Woodstock," said Nishimura. "We are confident
that this new facility will enhance our relationship with Toyota, as well as the
products and services we provide."
The plant will provide final assembly and inspection of automotive body parts,
including belt and windshield moldings. It will also provide a logistics base
in Canada for importation and distribution of other AISIN automotive components.
John Finlay, a member of Canada's Federal Parliament, says he looks forward
to Aisin becoming a good, corporate citizen in Woodstock.
"I believe Aisin will contribute very much to the future prosperity in this
county," said Finlay. "Aisin and other Toyota Group companies are growing
successfully in the United States and are enthusiastically welcome by the communities
they serve. We are very pleased that Aisin has established its first Canadian
subsidiary here in Woodstock."
Aisin World Corp. of America is a subsidiary of Aisin Group headed by Aisin
Seiki Co., Ltd. with corporate offices in Kariya City, Aichi, Japan. Aisin Seiki
Co., Ltd. was established in 1949 with consolidated group sales of C$15.6 billion
in 2001. Aisin Seiki is an international supplier of automotive components, body
parts, drivetrain components, engine-related parts and electronic components.
In North America, the Aisin Group has 12 manufacturing facilities, 2 R & D
centers and 3 sales centers. Aisin Group North American sales totaled sales of
C$1,630 million in 2001, supplying parts to Toyota, as well as other major automobile
manufacturers in United States and Canada.
top
of this page