Tokico to set up brake plant

Japan's Tokico has decided to build a brake parts plant in southern China, reported Nikkei, although an exact location will not be decided until October. The new facility, due to start mass production in the autumn of 2004, will supply brake parts mostly to Japanese automakers operating in China, including its main client, Nissan Motor. Tokico already has a joint venture plant in northern China that makes shock absorbers.