Press Release
September 25, 2014
ADVICS Establishes a New Company in Mexico
ADVICS Co., ltd. (Head Office: Kariya, Aichi, Japan; President: Takashi Kawata) has decided to establish a new company for production and sales of the brake products in Jalisco, Mexico.
The purpose of this new company is to promote the local production and establish the foundation for the future business expansion for the automobile market in Mexico which is expected to have a large growth in the future. ADVICS currently has 4 sites in North America and one site in South America. This is the first establishment for ADVICS in Mexico.
ADVICS will assuredly capture the business chances in the growing market by building the global supply system and achieve the further growth as the brake system supplier.
General Information on the new company is as follows.
1. Company Name ADVICS Manufacturing Mexico. S. de R.L de C.V.
2. Establishment October 2014
3. Address Lagos de Moreno, Jalisco, Mexico
4. Capital 130 Million MXN (About 1 billion JPY)
ADVICS North America, Inc, 90%, ADVICS Co., Ltd. 10%
5. Line of Business Production, Sales, Export and Import of Brake Products
6. Production Item Drum Brake
7. Production Launch Scheduled for March 2016
8. Sales Volume Approx. 421 Million MXN (About 3.4 billion JPY) targeted for FY 2018
9. Employees About 130 targeted for FY 2018
10. Plant Size Approx. 7600 sq m. in the building area
For further information, please contact Corporate Administration Dept.
Phone : 513-696-5473