VERSAILLES, Ky.—The Yokohama Rubber Co. Ltd. will merge YH America Inc. and SAS Rubber Co., its two U.S. industrial product manufacturing and sales subsidiaries, into Yokohama Industries Americas Inc.
The two subsidiaries had combined sales of about $214.8 million and employ about 1,200.
The unified subsidiary's head office will be located in Versailles. YH America's production sites are located in Versailles and Easley, S.C., with a plant in Aguascalientes, Mexico, scheduled to begin production in fall 2014. SAS's production site is located in Painesville, Ohio.
The Yokohama Rubber Group focuses on the automotive parts business, concentrating on air conditioning and power steering hoses in North and Central America. The firm said the group will expand into South America to build a strong presence throughout the entire Americas.
YH America assembles and sells hoses, metal fittings and windshield sealants for the automotive industry, among other industrial products.
SAS Rubber produces automotive hoses and other industrial-use rubber products.