News: ADVICS will establish ADVICS Automotiva Latin America LTDA

Title

ADVICS will establish ADVICS Automotiva Latin America LTDA

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3 companies of the Aisin group companies: Aisin Seiki Co., Ltd. (Head Office: Kariya, Aichi, Japan; President: Fumio Fujimori), Aisin AI Co., Ltd. (Head Office: Nishio, Aichi, Japan; President: Kazumichi Sugiura), ADVICS Co., Ltd. (Head Office: Kariya, Aichi, Japan; President: Takeshi Kawata) will work together to strength the business structure in Brazil.

ADVICS will establish ADVICS Automotiva Latin America LTDA to supply the systems to the car manufactures focusing on receiving more brake system orders.
These new companies: Aisin AI Brasil Industria Automotiva ltda. and ADVICS Automotiva Latin America LTDA will be built in the premise of AAL.  The three companies will share the resources to achieve the highly effective operation in order to set up a supply system in Brazil.  Aisin Group has been focusing on expanding the oversea business by strengthening the business structure in the emerging countries to achieve [AISIN Group Vision 2020].
General Information on the new company of ADVICS is as follows.
1.       Company Name:  ADVICS Automotiva Latin America LTDA.
2.       Establishment: March 2014
3.       Address: Itu City Sao Paulo, Brasil
(In the premise of AISIN AUTOMOTIVE LTDA)
4.       Capital: 5 Million BRL (About 2.3 Billion JPY)
ADVICS Co., Ltd. 95%. Toyota Tsusho Co., Ltd. 5%
5.       President: Yoshihiro Kogamoto (ADVICS Co.,LTD.  Overseas Business Promotion Office)
6.       Line of Business: Production, sales, export and import of Automobile brake products
7.       Production Items: Brake booster & Master Cylinder
8.       Sales Launch: Scheduled for October 2015
9.       Sales Prospect: Projected about 100 Million BRL for FY 2016 (About 4.6 Billion JPY)
10.   Employee: 25 (projected)
For further information, please contact Corporate Administration Dept.
Phone: 513-696-5450

Excerpt

ADVICS will establish ADVICS Automotiva Latin America LTDA to supply the brake systems to the car manufactures in Brazil.

Published Date

4/22/2014

Expires

12/9/2015

News Type

Announcement

Attachments

Created at 6/12/2015 2:03 PM by LEBDMZWEB1\swolfe
Last modified at 6/12/2015 2:03 PM by LEBDMZWEB1\swolfe
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