According to Reuters news, Akebono Brake Industry Co., Ltd. announced that it will fully acquire its North American subsidiary, which previously held an 87.5% stake in the company, which is mainly manufactured for the US market. And supply auto parts. In addition, the company intends to merge its eight subsidiaries into one company, including Akebono North America, Akebono, Amak Brake, AMTEC Brake, ABMA, Ambrake, Ambrake GP and Ambrake Manufacturing Company. After the merger of the above eight companies, only Akebono North America was retained, and the other seven companies will be announced dissolution. Akebono North America will change its name to Akebono Brake Corporation. Rubber Industrial Timing Belt,Rubber Timing Belt,Rubber Coated Timing Belt,Toothed Rubber Belt Jiangsu Bailite Transmission Technology Co., Ltd , https://www.zsindustrialbelt.com