September 29, 1993 |
Subaru Shifting Production to U.S. Plant: The auto maker's parent, Fuji Heavy Industries Ltd., will move all Legacy assembly out of Japan when its Indiana plant begins turning out 1995 models next spring, Richard Marshall of Subaru of America said. He blamed the costly yen for the change, but he would not estimate how many jobs the move might generate in Indiana.
December 1, 1988 |
Japan and the United States signed an agreement to begin a multibillion-dollar joint venture to develop a state-of-the-art jet fighter for Japan's air defense. The agreement, signed Tuesday, calls for St. Louis-based General Dynamics Corp. and three Japanese companies--Mitsubishi Heavy Industries Ltd., Kawasaki Heavy Industries Ltd. and Fuji Heavy Industries Ltd.--to jointly develop the new fighter based on the General Dynamics F-16.
June 29, 1990 |
A former Nissan executive was elected Thursday as president of Fuji Heavy Industries Co., giving Nissan effective control over the slumping manufacturer of Subaru cars. Fuji shareholders approved the selection of Isamu Kawai, former president of Nissan Diesel Motor Co., a subsidiary of Nissan Motor Co., at a meeting in Tokyo. Nissan, Japan's second-largest auto maker, is Fuji's largest shareholder, with a 4.2% stake, and its superior in a corporate grouping, or keiretsu.
December 10, 1990 |
In a step toward Japan's goal of developing an aircraft industry, three Japanese manufacturers have reached an agreement to take their largest role ever in development and production of a new U.S. jetliner. Mitsubishi Heavy Industries, Kawasaki Heavy Industries and Fuji Heavy Industries reached an agreement with Boeing Co.