@Toyota: AISIN, Toyota Tsusho and Minth Agree to Establish a Joint Venture to Produce Aluminum Body Frame Parts in North America

AISIN Corporation (hereinafter referred to as “AISIN”), Toyota Tsusho Corporation (hereinafter referred to as “Toyota Tsusho”), and Minth Group Limited (hereinafter referred to as “Minth”) have agreed to establish ATM Automotive Parts Inc. (hereinafter referred to as “ATM”), a joint venture for producing aluminum body frame parts in Ontario, Canada, with the aim of strengthening the supply system for aluminum body frame parts for vehicles in the North American market.

Aluminum body frame parts are structural components for safely and efficiently holding and securing batteries installed in BEVs and PHEVs. They are manufactured using aluminum extrusion technology.

As electrification and lightweighting progresses, demand for aluminum body frame parts will steadily increase. In such an environment, it is necessary to meet market and customer expectations accurately and flexibly and to continue supplying products sustainably.

AISIN and Minth have refined their technology for aluminum forming over the years in Asia and have supplied such products globally. With the establishment of the joint venture, high-quality, highly efficient manufacturing will be realized in North America by integrating the technology and expertise of the two companies and with Toyota Tsusho joining the joint venture’s management, thereby building a competitive production system.

Toyota Tsusho

Minth