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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 Electronics Illinois, LLC (AEIL) |
| 2.Foundation: | April 14, 2004 |
| 3.Location: | Marion, Illinois, U.S.A |
| 4.Capital investment: | US $5.3 million |
| 5.Shares: | 100% by Aisin Holdings of America, Inc. |
| 6.President: | Tomoo Ishikawa (also serves as President of Aisin Electronics, Inc.) |
| 7.Area: | Buildings ΓΈ 5,350 square meters (On the premises of Aisin Mfg. Illinois, LLC) |
| 8.Business: | Electronic components for system products such as microcomputer-controlled sunroof, power sliding door system, etc. |
| 9.Start of production: | June 2005 |
| 10.Sales: | US $45 million (projected for 2008) |
| 11.Employees: | 120 (projected for 2008) |
| 12.Investment: | US $14 million including land, buildings, and equipments |
| 13.Customers: | Toyota in North America and other car manufacturers |
| 14.Others: | 18 th manufacturing company of the AISIN Group in North America |
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