TPR Co., Ltd. to Establish a Joint Venture with Anhui ARN Group Co., Ltd
February 09, 2022 at 11:30 am IST
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TPR Co., Ltd. has resolved to establish a technology center as a joint venture
with Anhui ARN Group Co., Ltd. in Anqing City, Anhui Province, China. The aim is
to establish the joint venture technology center subject to the approval from relevant authorities in March 2022,
with TPR and ARN each making a 50% capital contribution. Both companies will dispatch engineers to the
joint venture technology center, to develop new technology/new product to support New Energy Vehicle
(NEV) and CASE in China, to offer to the group businesses of both companies.
TPR CO.,LTD. is a Japan-based company engaged in the manufacture and sale of piston rings, cylinder liners, valve seats, automotive exterior parts, automotive products, automotive inspection and aluminum products, among others. The Company is consisted of TPR group including four regional segments: Japan, Asia, North America, and other regions, as well as the Faltec Group segment which is as a management unit. TPR group provides piston rings, cylinder liners, valve seats, aluminum products, industrial plastic products, industrial rubber parts and temperature control valves. The Faltec Group segment provides automotive exterior parts including radiator grills, millimeter wave radar covers, and automotive products including remote control engine starters, roof rails, as well as automotive inspection and maintenance equipment.