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Jyco Continues Global Expansion With JV For European TPV Seal Protection
September 6, 2005
Jyco Sealing Technologies has announced a joint venture with Nöel Group, LLC to establish a major TPV automotive sealing production facility in Europe. The European joint venture continues Jyco's aggressive global expansion plans for producing thermoplastic vulcanizate (TPV) sealing systems. Earlier this year, the tier-one supplier announced a similar affiliation with Inoac Corp. of Japan to construct a manufacturing plant in Shanghai, China. The Inoac Jyco Japan/China (IJJ/IJC) joint venture marked the automotive industry's first global alliance for producing TPV parts.