TI Automotive acquires full ownership of Japan-based Mitsuba Walbro Inc. by purchasing the remaining shares of the companies’ manufacturing joint venture from Mitsuba Corp. MWI had been a 50-50 JV TI Automotive and Mitsuba since 1987. MWI manufactures fuel-pump-motor armatures and fuel-pump modules for global auto makers and the aftermarket under the TI Automotive brand. As a result of the acquisition, MWI will be renamed TI Automotive Japan (Gunma). It currently employs 100 people in ...
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