Shiroki Brose Corporation starts operations in Japan
The joint venture will develop and produce window regulators, seat adjusters and door systems for vehicle platforms, which are to be built both in Japan and worldwide. Activities, however, will be concentrated in Japan.
Both companies are consolidating their expertise in the joint venture as equal partners. Brose has decades of experience in the development and production of window regulators, door systems and seat adjusters and is globally active, operating in all major automotive markets. Shiroki is a leading manufacturer of window regulators and seat adjusters in Japan and supplies Japanese automotive manufacturers in North America as well.
The new joint venture expects to achieve a business volume amounting to 100 million euros in the next five years. About 30 million euros of this business volume are to be made outside Japan.
The President of “Shiroki Brose Corporation” is Steve Baker, aged 41, from Great Britain. At Brose Ltd, he was responsible, over the last six years, for interaction with Japanese customers in Europe.
The Brose Group achieved a turnover of 1.5 billion euros in the business year of 2001. The independent family-run company enjoys a leading position worldwide in door and seat adjuster systems for vehicles. There are 4,900 employees working at 16 locations in Europe, North and South America, Asia and Africa.
The Shiroki Corporation’s volume of business amounted to 1 billion euros in the business year 2001. With 2,900 employees, Shiroki develops and produces seat adjusters, window regulators and door frames at 10 locations in Japan, Vietnam and the USA.
