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Automotive Supplier PK U.S.A. Selects ICE Industries for Manufacturing Support; Companies Finalize Three-Year Agreement; ICE Will Produce More Than 4.6 Million Parts Annually For PK U.S.A.


TOLEDO, Ohio
This article is about the city in Ohio. For Toledo, Spain, see that article. For other uses, see Toledo (disambiguation).
Toledo is a city in the U.S. state of Ohio and the county seat of Lucas CountyGR6.
 -- ICE Industries today announced it was selected to provide ongoing manufacturing support for automotive supplier PK U.S.A., Inc.

PK U.S.A., based in Shelbyville, Ind., is an automotive supplier that manufactures a variety of vehicle parts for Nissan and Subaru. Under the terms of the new agreement, ICE will continue to provide stamping support for PK U.S.A. for the next three years.

"ICE Industries has proven itself to be a valuable resource as PK U.S.A. continues to strengthen its relationship with a number of U.S. automotive plants," said Gary Reynolds, Purchasing Manager A Purchasing Manager is an employee within a company, business or other organization who is responsible at some level for buying or approving the acquisition of goods and services needed by the company. , PK U.S.A. "We are pleased to continue the relationship with ICE Industries and expect to see continued success for the duration of the program."

In 2005, ICE provided PK U.S.A. with more than 4.6 million precision-stamped parts, primarily for the Nissan Quest The Nissan Quest is a minivan produced by Nissan since 1993. There have been three generations of this model. The first generation Quest was a collaboration with Ford, which produced the mechanically identical and cosmetically similar Mercury Villager.  minivan, Nissan Titan The Nissan Titan is a full-size pickup truck produced in the American market by Nissan. The truck shares the stretched Nissan F-Alpha platform with the Nissan Armada and Infiniti QX56 SUVs, and is manufactured in Canton, Mississippi.  truck and Infiniti QX sports utility vehicle sports utility vehicle sport nvĂ©hicule m de loisirs (de type SUV)

sports utility vehicle n (esp US) → fuoristrada m inv 
.

"With its recent acquisition of the former Oxford facility in Canton, Mississippi Canton is a city in Madison County, Mississippi, United States. The population was 12,911 at the 2000 census. It is the county seat of Madison CountyGR6, and situated in the northern part of the metropolitan area surrounding the state capital, Jackson. , PK U.S.A. is rapidly expanding its presence in the United States, and ICE Industries is pleased to be a part of that expansion," said Howard Ice, Chairman and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board.  of ICE Industries.

ICE Industries will conduct the work at its Grenada Stamping and Assembly plant in Grenada, Miss. Grenada Stamping and Assembly is a 258,000 square-foot manufacturing facility with capabilities that include metal stamping, roll forming, manual and robotic welding, buffing and assembly.

About PK U.S.A.

Located in Shelbyville, Ind., PK U.S.A., Inc. occupies a new 317,978 square-foot facility built on a 66-acre site. The plant is the primary supplier of metal body parts, chassis parts and plastic injection parts for automotive companies in the United States as well as other parts of the world. The parent company of PK U.S.A., Inc. is Press Kogyo Co. Ltd., one of Japan's largest independent automotive parts manufacturers, which owns 75% share. Mitsui & Co., Ltd., Tokyo, and its wholly owned subsidiary Wholly Owned Subsidiary

A subsidiary whose parent company owns 100% of its common stock.

Notes:
In other words, the parent company owns the company outright and there are no minority owners.
, Mitsui & Co. (U.S.A.), Inc., both comprehensive trading and investment enterprises, hold a 25% combined share.

About ICE Industries

ICE Industries is a metal stamping and machining company based in Sylvania, Ohio. The company has three facilities: Acklin Stamping in Toledo; Deerfield Manufacturing in Mason, Ohio and Grenada Stamping & Assembly in Grenada, Miss. The company works with leaders in the automotive, appliance and heat transfer/HVACR industries.
COPYRIGHT 2006 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2006, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Geographic Code:1USA
Date:Feb 6, 2006
Words:407
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