Toyoda Gosei, a Toyota Group auto parts company, is slated to invest in Pecval Industria, a Brazilian firm that produces resin parts for auto interior and exterior. With this move, Toyoda Gosei plans to reinforce its business base in Brazil. Pecval is a wholly-owned subsidiary of Shimizu Industry Co., Ltd. (Kariya City, Aichi Prefecture), that produces auto dashboard components and...
Sumitomo Riko Co. Ltd. (formerly Tokai Rubber Industries), in a joint venture with Daeheung R&T Co. Ltd. of South Korea, will establish a rubber refinement (kneaded rubber/rubber compound) manufacturing and vending company in China. Both companies had been involved in producing kneaded rubber, but with business expansion came the need to augment production capabilities. Sumitomo Riko views this as an...
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