Auto, Truck & Motorcycle Parts

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FUJI OOZX Inc update set up subsidiary

Thursday, 24 Jul 2014 02:00am EDT

FUJI OOZX Inc:To set up a wholly owned subsidiary, FUJI OOZX MEXICO S.A. de C.V. in Mexico in August.New subsidiary to engage in manufacturing and sales of engine valve, with registration capital of 25.5 million peso.

Freni Brembo SpA to invest 74 mln euros to build new foundry in United States

Wednesday, 23 Jul 2014 03:43am EDT

Freni Brembo SpA:Announces the construction of a cast iron foundry near its Homer facilities in Michigan, beginning the process of vertical integration of its production capacity in United States.Construction will begin in 2015 and is expected to be completed in 2017.Thanks to a 74 million euro ($100 million) investment, Brembo will operate a modern foundry facility that, once it reaches full production capacity, will yield up to an annual output of 80,000 tons of brake disc castings.The foundry together with engineering and technical offices and warehouse space will cover an area of about 30,000 square meters and will create 250 jobs at the foundry and at the company’s Plymouth R&D Center and Headquarters.

Lingyun Industrial to establish new subsidiary

Monday, 7 Jul 2014 08:00pm EDT

Lingyun Industrial Corp Ltd:Says establishment of a wholly owned subsidiary in Tianjin, with a registered capital of 40 mln yuan.The new subsidiary will be engaged in research & development, manufacturing and sales of auto parts and accessories, as well as goods and technology import and export business.

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