Aichi Steel Expands Forging Business in Thailand

Aichi Steel plans to raise forging production of fiscal 2015 in abroad by 24% compared with fiscal 2012 to 168,000 tons. The firm takes the plan further in ASEAN market based on Pinthong new factory of Aichi International Thailand, and expand the business mainly forging supply for IMV (Innovative International Multi-purpose Vehicle) which Toyota produces in Thailand.