Article: Business in Asia Today -- Jan. 16, 2002.

SYDNEY, Australia -- A summary prepared by Asia Pulse (http://www.asiapulse.com/), the real-time, Asia-based wire with exclusive news, market intelligence and business opportunities:

JAPAN'S AISIN AW TO MAKE AUTOMATIC TRANSMISSIONS IN U.S.

NAGOYA - Aisin AW Co, a major Japanese producer of automatic transmissions, announced that it will launch local production in the United States from July 2004. The company will spend US$160 million to expand its existing parts production facilities in North Carolina. The entire annual output of 200,000 transmissions will be installed in Toyota Motor Corp.'s locally assembled vehicles, and Aisin said it also hopes to ...

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