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New Body Components Manufacturing Company Established in Mexico
(July 15, 2004) |
| Aisin Seiki established a new company to produce door frame in Aguascalientes, Mexico. The new company, Aisin MFG. AGUASCALIENTES S.A. DE C.V. (AMA) will start production operations in fall 2005.
Aisin U.S.A. Manufacturing, Inc. (President :Toshikazu Nagura; Headquarters: Seymour, Indiana, U.S.A. ; abbr: AUM) has been manufacturing door frame for North American automakers. In order to flexibly respond to new customers based in Mexico, the new production base was established in the new location for transportation efficiency of door frame.
In Mexico, there are two overseas affiliated companies of AISIN Group; Aisin Mexicana S.A. DE C.V.(AMX) and Liberty Mexicana S.A. DE C.V.(LMX). AMA is the third production company of Aisin Group in Mexico.
AMA will be managed by LMX as a branch company thereof.
[Company profile]
| 1.Company
name: |
Aisin MFG. Aguascalientes (AMA) |
| 2.Foundation: |
May 5, 2004 |
| 3.Location: |
San Francisco de Los Romo, Aguascalientes, Mexico |
| 4.Capital investment: |
MXP 27.5 million |
| 5.Shares: |
99.9% by Aisin Holdings of America, Inc.
0.1% by Liberty Mexicana S.A. de C.V. |
| 6.President: |
Kuniyoshi Harada (also serves as President of AMX and LMX) |
| 7.Area: |
Land - 12,000 square meters
Buildings - 5,900 square meters
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| 8.Business: |
Door frame |
| 9.Start of
production: |
Fall 2005 |
| 10.Sales: |
US $10.6 million (projected for 2006) |
| 11.Employees: |
66 (projected for 2006)
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| 12.Investment: |
US $5.8 million including land, buildings, and equipments
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| 13.Others: |
20 th manufacturing company of the AISIN Group in North America including Mexico
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