Tokai sets up automotive hose business unit
15 May 2013
ERJ staff report (LMH)
Tokyo – Following a series of acquisitions in the automotive hose market, Tokai Rubber Industries Ltd has set up a dedicated automotive hose business unit, operational as of 1 May 2013.
Tokai said in a 7 May news release that it has set up a “global improvement promotion office” in order to promote the activities of its automotive hose businesses and “strengthen their profit structures”.
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News release from Tokai Rubber Industries