Kobe Steel JV Starts Aluminum Forging Production
A joint venture owned by Kobe Steel, Toyota Tsusho and Mitsui completed the first phase of construction at its facility in China and reportedly commenced production of aluminum forgings. Kobe Aluminum Automotive Products China (KAAP China) is located in Suzhou, Jiangsu Province. The facility produces aluminum forgings for automotive suspensions in response to increasing demand for lighter vehicles. Full completion of plant construction is scheduled for March 2013.