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Aluminum
Extrusion Company Established in North America
(September 2, 2003) |
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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)
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[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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