News: ADVICS will establish ADVICS Manufacturing Indonesia

Title

ADVICS will establish ADVICS Manufacturing Indonesia

Body

Aisin Group strengthening the business structure in Indonesia.

2 companies of the Aisin group: Aisin Seiki Co., Ltd. (Head Office: Kariya, Aichi, Japan; President: Fumio Fujimori) and ADVICS Co., Ltd. (Head Office: Kariya, Aichi, Japan; President: Takeshi Kawata) will establish its own new companies in Indonesia to strength the business structure in this country by enhancing the chassis product business and starting the local production of the engine and brake parts.

ADVICS will establish ADVICS MANUFACTURING INDONESIA, the first company to manufacture the brake components in this country.  In this new company, ADVICS will start local production to expand the business in the rapidly growing Indonesian market by strengthening the business foundation.  ADVICS will also aim to gain new businesses in this country with this new company.
The ADVICS will build a new company in the premise of AISIN INDONESIA AUTOMOTIVE.  These two companies will share the resources in order to achieve highly effective operation and set up the supply system in Indonesia.
General Information on the new company of ADVICS is as follows.
1.       Company Name:  PT. ADVICS MANUFACTURING INDONESIA.
2.       Establishment: Scheduled for April 2014
3.       Address: Karawang Indonesia (inside PT. AISIN INDONESIA AUTOMOTIVE)
4.       Capital: 110 Billion IDR (About 10 Billion JPY)
PT. ADVICS INDONESIA 70%, PT. AISIN Indonesia 30%
5.       President: Satoshi Yakushiji (ADVICS Co.,LTD.  Overseas Business Promotion Office)
6.       Line of Business: Production of automobile brake products
7.       Production Items: Brake Booster, Drum Brake, Parking Brake
8.       Production Launch: Scheduled for December 2014
9.       Sales Prospect: Projected about 4 billion IDR for FY 2017 (About 3.6 Billion JPY)
10.   Employee: 400 (projected for FY2017)
11.   Plant Size:  12,000 sq m. in the building area.
For further information, please contact Corporate Administration Dept.
Phone: 513-696-5450

Excerpt

.  In this new company, ADVICS will start local production to expand the business in the rapidly growing Indonesian market by strengthening the business foundation.

Published Date

4/22/2014

Expires

12/9/2015

News Type

Announcement

Attachments

Created at 6/12/2015 2:44 PM by LEBDMZWEB1\swolfe
Last modified at 6/12/2015 2:44 PM by LEBDMZWEB1\swolfe
Regional Sites  Asia | Africa | Europe | South America

North American Sites  Georgia | Indiana | Michigan | Ohio | Mexico

Site Resources  Contact Us | Terms of Use | Privacy | Site Map
ADVICS Supplier Portal     Employee Portal

Copyright © 2011 ADVICS North America, Inc