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Aluminum
Extrusion Company Established in North America
(September 2, 2003) |
| Aisin
Holdings of America, Inc. (President: Mr. Toshikazu Nagura; Headquarters: Lombard,
Illinois, U.S.A.), a holding company in North America of Aisin Seiki Co., Ltd.
(President: Mr. Kanshiro Toyoda; Headquarters: Kariya-city, Aichi, Japan) established
a new company to produce aluminum extrusion products for the first time in North
America as a Japanese parts manufacturer. The new company, Aisin Light Metals,
LLC, which is the fifteenth production company of Aisin Group in North America,
was established in Marion, Illinois, U.S.A. on July 23.
Aisin Seiki is developing aluminum product operations to improve the environmentally
friendly performance of automobiles, including the improvement of engine combustion
efficiency and powertrain efficiency by weight reduction. As for the aluminum
product operation in North America, Aisin Automotive Casting, LLC (President:
Mr. Kenji Tsujimura; Headquarters: London, Kentucky, U.S.A.) already produces
aluminum die-casting engine parts and drivetrain parts. Since further expansion
of production is expected, such as the first order for aluminum bumpers from Toyota
Motor Manufacturing North America, we established the new production base for
expanding our business.
In the new company, production will be managed by Aisin Keikinzoku Co., Ltd.
(President : Mr. Shinji Shiratori, Head office: Shinminato-city, Toyama, Japan),
an aluminum die-cast and extrusion manufacturer in the AISIN Group, while sales
will be handled by Aisin World Corp. of America (President: Mr. Junichi Nishimura,
Plymouth, Michigan, U.S.A.). With the establishment of the new company, AISIN
aims to strengthen the aluminum product operation and expand the sales in North
America.
With the overall goal of becoming a global supplier, Aisin Seiki, along with
the AISIN Group, strives to move ahead with the establishment of overseas production
bases best suited to the characteristics of each major region and the construction
of an efficient production structure.
[Company profile]
| 1.Company
name: |
AISIN LIGHT
METALS, LLC |
| 2.Foundation: |
July 23, 2003 |
| 3.Location: |
Marion, Illinois,
U.S.A. |
| 4.Capital investment: |
US$ 5.1 million
(100% by Aisin Holdings of America, Inc.) |
| 5.President: |
Yukio Ami |
| 6.Area: |
Land- 80,600
square meters
Building- 12,000 square meters |
| 7.Products: |
Aluminum extrusion
products (aluminum bumpers, antilock brake system (ABS) body case, etc.) |
| 8.Start of
production: |
August 2004 |
| 9.Sales: |
US$ 20 million
(projected for 2006) |
| 10.Employees: |
50 (projected
for 2006)
|
[FYR]Outline of Aisin Keikinzoku
Co., Ltd.
| 1.Company
name: |
Aisin Keikinzoku
Co., Ltd. |
| 2.Foundation: |
February 10,
1970 |
| 3. Company
address: |
12-3, Nagonoe,
Shinminato-city, Toyama 934-8588, Japan |
| 4.Capital: |
1.5 billion
yen |
| 5.President: |
Shinji Shiratori |
| 6.Business: |
Production
and sales of aluminum extrusion products for automobiles, aluminum die-casting
products, and building materials including home window frames |
| 7.Sales volume: |
35.3 billion
yen (fiscal year ended March 2003) |
| 8.Employees: |
1,000 |
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