IIR Industry Alert: Advics North America Makes Presence Felt In The U.S.

ANA will produce brake systems equipped with traction control and anti-skid management systems.

HOUSTON-August 6, 2002-Researched by Industrialinfo.com (Industrial Information Resources, Incorporated; Houston, Texas). Aisin Seiki Company, Limited, (Kariya, Aichi, Japan), through its Japanese-based subsidiary, Advics Company, Limited (Japan), has recently established a U.S. Corporation, Advics North America (ANA), with headquarters in Plymouth, Michigan. Advics North America is a joint venture between Aisin Seiki, which owns 40% of the corporation, and Denso Corporation (Japan), Sumitomo Corporation (Japan), and Toyota Motor Corporation (Japan) (NYSE:TM), each owning 20%. Toyota also owns 22% of both Denso and Sumitomo, as well as about 27% of Aisin Seiki. Aisin has more than a dozen plants in the U.S., including at least two aluminum die-casting operations.

For details on this development view the entire article at www.industrialinfo.com.

Established in 1983, Industrial Information Resources Incorporated (IIR) is a leading source for industrial market information covering the industrial process, manufacturing, and energy markets. IIR products include: Project Leads, Plant Databases, Market Analysis and Statistics, Industry Forecasts, and Software Solutions. For more information on trends and upcoming construction activities in the Industrial Manufacturing, Energy and other industrial sectors, send inquiries to industrialmanufacturing@industrialinfo.com or visit us online at www.industrialinfo.com.