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Industrial Equipment: Toyota Industrial Equipment Manufacturing

Arvin Sango has marked the 20-year anniversary of the 1986 signing of a 50/50 joint venture agreement between Arvin Industries (now ArvinMeritor) and Sango of Japan. Originally formed to supply Toyota's first US assembly plant in Georgetown, Kentucky, with exhaust systems, Arvin Sango has grown from one plant to three, and now supplies 75% of Toyota's exhaust systems in North America.
MADISON, Ind., Oct. 12 -- Arvin Sango, Inc. celebrated its 20-year anniversary today in Madison, Ind., with a ceremony that included Indiana Governor, Mitch Daniels.
Arvin Sango, Inc. celebrated its 20-year anniversary today in Madison, Ind., with a ceremony that included Indiana Governor, Mitch Daniels. The event was held in recognition of the 1986 signing of a 50/50 joint venture agreement between Arvin Industries and Sango of Japan.
Oct. 10 (Bloomberg) -- Japanese machinery orders rebounded in August from their biggest drop in almost 20 years as companies sought equipment to meet rising demand.
Summary of this morning's key news stories with comments on related stocks.
Hino Motors will hold a grand opening of its $160 million, 400,000- square-foot manufacturing facility in Marion on Tuesday. The plant will employ close to 300 people in its first year of operation and will produce components for Toyota vehicles.
After several months of strong performance, the stocks of a host of industrial companies that make everything from smokestack scrubbers to electric motors and robots for the manufacturing floor weakened this summer.
American troops drive 10,000 Humvees in Iraq. But if the U.S. Army suddenly needed 10,000 more of the slab-sided trucks for the war, the Indiana factory that makes them could not soon deliver.
DOW JONES
Manufacturing growth picked up slightly in the Midwest last month despite weaker expansion nationally, business surveys reported today show.

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