TOKYO -- Denso Corp. has formed a joint venture with Hanshin Electric Co. Ltd. to produce automobile ignition coils in China.
Named Wuxi Denso Hanshin Automotive Products Co. Ltd., the new company will be located in Wuxi, Jiangsu province, China and will begin production in January 2007.
Denso also will buy 25 percent of the shares in Smiths Manufacturing Ltd. from Metair Investments Ltd. The effective date of the investment is subject to approval.
Smiths is an automotive air conditioner company in the Republic of South Africa.
Denso of Kariya, Japan, supplies advanced technology, systems and components. It is the parent company of Denso International America Inc. of Southfield, Mich.