Takata Broadens Commitment to Safety
Supports Lakeland Ventures to Help Identify Investment Opportunities Promoting a Safer World
TOKYO, March 5, 2012 /PRNewswire/ -- Takata Corporation, world leader in safety technology and global supplier of automotive safety systems, today announced its support of U.S.-based Lakeland Ventures Development, LLC (LVD) of Grosse Pointe, MI (www.lakelandventuresdevelopment.com), to help identify opportunities among companies with new product technologies designed to save lives and improve human safety and wellbeing. The initiative is in addition to Takata's core focus of continuing to strengthen its position as one of the world's leading automotive safety supplier.
"For 70 years, Takata's commitment has been 'Our Mission – Your Safety,'" said Shigehisa Takada, President of Takata Corporation. "Our focus has been to pioneer new safety technologies for the global automotive industry, but we continue to reach beyond and support broader ideas to save lives for generations to come. We joined with Lakeland Ventures Development to help us achieve this goal."
"We are honored and excited to work with Takata" said LVD Co-founder Craig White. "Together we are applying a hybrid model; part Corporate Venturing, part Business Development Accelerator, to fund and support startup and existing companies with ideas about human health and safety that can become significant businesses."
About Lakeland Ventures Development
Lakeland Ventures Development is focused on identifying, developing and investing in startup and established companies working to solve problems associated with human health and safety issues. LVD is a privately held partnership making strategic investments independently and with corporate partners that value the firm's safety domain focus and access to deal flow through an association network of startup accelerators, venture capital and private equity firms, national and university labs, and the banking and law firms that service the community. For more information visit us at www.lakelandventuresdevelopment.com.
About Takata Corporation
| ・Corporate name: |
Takata Corporation |
| ・Establishment: |
1933 |
| ・Headquarters: |
12-31, Akasaka 2-chome, Minato-ku, Tokyo 107-8508, Japan |
| ・Representative: |
Shigehisa Takada, President and COO |
| ・Capital: |
41,862 million yen (as of March 2011) |
| ・Sales: |
390,876 million yen (consolidated, FY ended March 2011) |
| ・Employees: |
34,650 (consolidated, as of March 2011) |
| ・Global network: |
49 plants in 18 countries spanning Japan, Asia, Europe and the Americas (as of end September 2011) |
| ・Business: |
Manufacturing and sales of automotive seat belts, airbags, steering wheels, interior trims, child seats, and other products |
SOURCE Takata Corporation
WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM?
Newsrooms &
Influencers
Digital Media
Outlets
Journalists
Opted In
Share this article