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In this Edition November 2011 |
COMPANY NEWS |
MATERIALS NEWS |
MACHINERY NEWS |
INJECTION MOULDING ASIA |
RUBBER JOURNAL ASIA |
 ELECTRONIC ISSUE |
PRA October-November 2011 Electronic Issue Still Available |
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Injection Moulding Asia
Malaysian auto tie-up for IAC
L
uxembourg-headquartered International Automotive Components (IAC) has formed two joint ventures with Malaysia-based automotive parts supplier APM Automotive Holdings (APM), to expand into Malaysia and Thailand.In Malaysia, APM will hold the majority 60% equity interest and in Thailand, IAC will hold the majority 60% of the joint venture. Both the joint ventures will supply interior components and systems, including instrument panels, door panels, floor consoles, interior trim, flooring and acoustics, overhead systems and package trays, as well as exterior components, such as fascias and rocker panels
Earlier this year in India, IAC opened its second facility in Chakan, and also acquired Manesar-based Multivac India, a tier-one supplier of vehicle headliners, instrument panels, interior trim and door panels to key global vehicle manufacturers.