Corporate / 01/02/2013
Faurecia Honored with “Jury’s Special Award” at French Business Awards in Japan
The award paid particular tribute to the bold strategy adopted by Faurecia Interior Systems Japan in establishing a strategic partnership with Howa Textile Industry Co., Ltd., through a 50:50 joint venture, for the development of vehicle interior systems such as door panels, in-vehicle insulation, soft trim and roof trim.
The joint venture – Faurecia Howa Interiors (FHI) – is based in Atsugi, Japan, and is focused on expanding sales to Nissan, a strategic customer of Faurecia’s on a global basis.
The joint venture company has already secured two major projects involving a common global platform of over 400,000 vehicles per year. Production is due to start in Thailand and Mexico in 2014, while interior systems will also be assembled for Nissan in Brazil.
Olivier Fidry, General Manager - Japan and Korea, Faurecia Interior Systems, said, “We are delighted to receive this award from the CCIFJ. Faurecia’s interior systems business has made great strides in Japan over the past twelve months, and is well positioned to undergo significant growth over the coming years as a result of the partnership with Howa Textile and the expanding relationship with Nissan worldwide.”
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