| Aisin Holdings of America, Inc., (President:
Kenji Tsujimura, Headquarters: Chicago, Illinois), a holding company
that oversees the North American operations of Aisin Seiki Co., Ltd.
(President: Yasuhito Yamauchi; Headquarters: Kariya, Aichi), has built
and opened a new proving ground in Fowlerville, in the U.S. state
of Michigan. The new Fowlerville Proving Ground, which commenced operation
on October 5, 2005, becomes the first such facility to be established
in North America by a Japanese automotive parts manufacturer and is
also AISIN’s first overseas proving ground.
To offer products trusted by customers worldwide, the AISIN Group
carries out a broad range of evaluations, covering single components
to entire vehicles at its Fujioka Proving Ground in Aichi Prefecture
(opened in 1970) and Toyokoro Proving Ground in Hokkaido (opened
in 1992). With both its proving grounds among the world’s
largest, AISIN has been a trailblazer as a components manufacturer
that has established a structure capable of performing reliable
evaluations of all vehicle systems.
By operating its own proving ground and establishing a testing
environment for vehicle performance evaluations in North America,
AISIN can now achieve an even-higher level of reliability under
North American conditions, while strengthening its development and
sales structures and further expanding its business in the North
American market.
Along with the opening of the proving ground, the new venture —
officially named FT Techno of America, LLC. — has been established
as a subsidiary of Aisin Holdings of America, Inc. and will engage
in future construction, operation and management of the proving
ground.
1. Name of facility: Fowlerville Proving Ground
2. Location: Fowlerville, Michigan, U.S.A.
3. Site: Land area†approximately 3,610,000 square meters
4. Principal facilities: Straight test track (1.3 km), garage &
engineering building, other facilities
5. Amount invested: Approximately US$24.8 million (*equivalent to
2.83 billion yen) for land and facilities
6. Start of operation: October 5, 2005
* Calculated based on an exchange rate of US$1 = 114 yen.
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