Yokohama Rubber Aims to Expand Overseas Sales Through Non-tire Business

Yokohama Rubber Co. Ltd. (TYO:5101) is working to expand sales overseas of its Multiple Business (MB) Group, which handles products such as hydraulic hoses, conveyor belts, marine hoses and vehicle fender materials. In September 2014, Yokohama Rubber acquired Parker MHP S.r.l., an Italian marine hose manufacturing subsidiary of Parker Hannifin Corp. of the United States. With a production volume of…

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