November 8, 2012
Fuji Heavy Industries (FHI), parent company of Subaru Industrial Power Products, has signed an agreement creating a joint venture company in Shanghai, China. The agreement, signed in partnership with Toyota Tsusho (China) Co. Ltd, was due to lead to Subaru Industrial Power Products of China Co. Ltd starting full trading from September 2012.
Subaru’s investment and expansion in the Chinese market is said to be a strategic move to stay ahead of the growing demand for industrial products in the country. In ad
