Yorozu said it plans to increase its production capability in the US to more than 1.2m units a year on the back of increased vehicle sales.

It plans to spend nearly JPY200m (US$2m) at its subsidiary in Tennessee to install new 1,000-ton presses in November.

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Yorozu slowed investment in North America when new car sales slumped following the 2008 financial meltdown. With US sales expected to exceed 15m this year for the first time in six years, the suspension parts maker is ready to ramp up production and hire several hundred more workers.

Yorozu’s North American operations supply parts to Nissan, Honda and General Motors.

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