market expansion

Sumitomo Rubber Positions Turkish Plant as Crucial Supply Base for European Market

Sumitomo Rubber Industries Ltd. (TYO:5110) is working to increase its presence in the European tire market. Currently, the company controls a market share of roughly 3 percent here, but aims are to boost this to 5 percent by 2020–2022. Central to Sumitomo Rubber’s plans are the company’s Turkish plant, which supplies products to the European market. With Sumitomo Rubber opening...

Please subscribe to read the full story.

[lwa template="modal" register="0"]Subscribe

Continue Reading

Cooper Standard Targets Growth in Japanese Market via New Facilities

Looking to bolster its business in the Japanese market, Cooper-Standard Holdings Inc. has opened a new local headquarters and engineering center in Yokohama for the company’s Japanese arm. As a U.S.-based manufacturer of auto parts, Cooper Standard holds a leading share in the global market for sealing systems. Dealings with Japanese manufacturers currently make up less than 5 percent of...

Please subscribe to read the full story.

[lwa template="modal" register="0"]Subscribe

Continue Reading