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Aichi Steel
Aichi
Steel
; is a
Japanese
steel manufacturer
. It is a member of the
Toyota Group
. It
supplies
40%
of the
steel
,
springs
and
forged
products
for
automotive
use to members of the
Toyota
Group.
The
company
was
established
in
1934
as Aichi
Seiko
, the
steel manufacturing
department
of
Toyoda
Automatic
Loom
Works, the
predecessor
of
Toyota Industries
. It became an
independent company
in 1940 and
changed
its name to its present one in 1945.