Firestone Industrial Products expands Asia-Pacific presence

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Firestone Industrial Products expands Asia-Pacific presence

Tuesday, April 10, 2012

# s6 K$ h9 v: s! t1 EIndianapolis, IN - Firestone Industrial Products, manufacturer of the world’s number one air spring, is expanding the company’s presence in the Asia-Pacific market with the establishment of a Strategic Business Unit (SBU), headquartered in Gurgaon, India. “In the last two decades, Firestone Industrial Products has made significant contributions to the Asia-Pacific air springs market,” said Arun Kumar, managing director, Firestone Industrial Products Asia. “Establishing an enhanced presence with the SBU is a testimony of our continued commitment to serve and strengthen these growing markets on a local level.” Currently the SBU oversees the operation of two companies, Beijing Firestone, China, and Firestone TVS, India, a joint venture since 2007. Firestone Industrial Products entered the Asia and India air spring markets in 1990 and 1992 respectively. In 2006, the company established a branch office in Gurgaon, and in 2008 Firestone TVS began manufacturing air springs in Madurai, India. The following year, Firestone Industrial Products opened a distribution center in Singapore. -