Tokai JV to make auto anti-vibration parts in Mexico

ERJ Staff Report (LMH)

Tokyo, Japan РTokai Rubber Industries has formed a joint venture with Anvis Group of Germany to manufacturer automotive anti-vibration rubber components in Quer̩taro, Mexico.

The Japanese company will invest yen 500 million (Euro 4.4 million) in the production facilities. Tokai will own 51 percent of the new company, called Tokai Rubber de México, and Anvis the other 49 percent.

As part of the collaboration, Tokai has agreed to acquire a 49 percent interest in Anvisgroup…

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