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P.M. BRIEFING : U.S. Firm Joins Nissan in a First

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From Times wire services

Structural Dynamics Research Corp. and Nissan Motor Co. Ltd., the big Japanese auto maker, announced today they have formed a joint company to provide engineering consulting services in the Far East.

The joint venture marks the first time Nissan has teamed up with an overseas company to launch a new business activity, the announcement stated.

Nissan owns 70% of the new company called ESTECH Corp. and SDRC owns 30%. Kinji Shono, general manager of Nissan’s Business Development Office, has been named president of ESTECH. Additional staff members will be supplied by both firms.

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ESTECH, to be based in Yokohama, Japan, will provide engineering consulting and problem-solving techniques related to product design and manufacturing. Initially, the majority of services will be conducted for Nissan.

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