ADVICS Co., ltd. (Head Office: Kariya, Aichi, Japan; President: Takeshi Kawata) established a new company for production and sales of the brake parts in the suburbs of Durban city in South Africa.
The purpose of this new company is to establish the supply base to support the sales expansion in the South Africa automobile market which is expected to grow rapidly in the future. ADVICS currently have 20 sites in 9 countries including Japan and this will become the first establishment for ADVICS in South Africa.
ADVICS will assuredly capture the business chances in the growing market by promoting local procurement and achieve the further growth as the brake system supplier.
General Information on the new company of ADVICS is as follows.
1. Company Name: ADVICS South Africa (Pty) Ltd.
2. Establishment: March 2014
3. Location: Suburb of Durban City, South Africa
4. Capital: 20 Million ZAR (About 200 Million JPY)
ADVICS Co., Ltd. 95%, Toyota Tsusho Co., Ltd. 5%
5. President: Junichi Kubokawa (ADVICS Co.,LTD. Overseas Business Promotion Office)
6. Line of Business: Production and sales of Automobile brake products
7. Production Items: Disc Brake Caliper, Rotor, Drum Brake, Brake Booster and Master Cylinder
8. Sales Launch: Scheduled for January 2016
9. Sales volume: about 400 million ZAR (about 4 billion JPY)
10. Employee: 10 for FY 2016 (prospected)
11. Plant Size: Approx. 760 sq m. in the building area.
For further information, please contact Corporate Planning Dept.
Phone: 513-696-5450