Yokohama to make air-con hoses in Mexico
The Yokohama Rubber Co., Ltd. subsidiary YH America, Inc. (YHAI) will produce automotive air conditioning hoses in Mexico next year. According to the company YHAI plans to begin delivery of the hoses to a Japanese car maker in Mexico from summer 2014. To limit the investment burden, YHAI will consign assembly to a local company rather than build its own plant. It also aims to use the Mexican output to expand transactions with Japanese car makers and with the US Big Three. Local Mexican production will be located in the suburbs of the west central Mexican city of Aguascalientes, where a number of auto makers have established plants.
Headquartered in Kentucky, YHAI is engaged in the assembly and sale of automotive air conditioning and power steering hoses, and also produces automotive windshield sealants. The subsidiary said to be the supplier of automotive power steering hoses in the United States, with sales to the US Big Three as well as Japanese auto makers. Extending its automotive hose and metal fitting assembly operations to Mexico will give it a third production base in North America, where it already has plants in Kentucky and South Carolina.
Related news:
Comments