Industry

Second Half Outlook Upbeat for Forbo Light Conveyor Belts

Light resin conveyor belt manufacturer Forbo Siegling Japan Ltd., headquartered in Switzerland, reported that Japan sales of its belt division in the first half (January to June) were nearly flat compared with the prior year. In January to May, overall business was slow. Some regions had few new business prospects, with Tokyo, Osaka, and Nagoya struggling. But demand began to recover...

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Bridgestone Integrates Mining and Agricultural Machinery Operations

Bridgestone Corp. plans to establish in-house companies for mining and agricultural machinery on Jan. 1, 2016. Until now the functions of mining and agricultural machinery have been separated by region and product type. By integrating them from the perspective of customers, Bridgestone seeks to increase its customer orientation and enhance the expansion of its solutions business globally. The in-house companies...

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JRMA Establishes IRSG Liaison Committee

JRMA (The Japan Rubber Manufacturers Association, President: Tadanobu Nagumo, Chairman, CEO, and Representative Director of The Yokohama Rubber Co. Ltd.) announced that it has established an IRSG (International Rubber Study Group) Liaison Committee during its 6th executive meeting, which was held in Osaka. In addition to the supply and demand statistics work it has been carrying out, the IRSG has started...

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New Yokohama Rubber TB Tire Plant in U.S. Begins Operations

A new truck and bus (TB) tire plant run by The Yokohama Rubber Co. Ltd.’s (President: Hikomitsu Noji) U.S. tire production subsidiary Yokohama Tire Manufacturing Mississippi LLC (YTMM, President : Tadaharu Yamamoto), has been fully operational since October. This is the first time Yokohama Rubber has constructed a plant in the U.S. from square one. Total investment (Phase 1) in...

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Uncertainty in Chinese Market: JRM

On October 15, the Japan Rubber Machinery Association (JRM; Chairman Yasuhiko Takagi, president of Kansai Roll Co. Ltd.) held its 36th regular meeting in Kobe at Sun Members Kobe, attended by 24 persons from 21 member companies. Reports were given regarding conditions for the previous term and first half of this term from all member companies in attendance, with conditions...

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JAMA: August Decline in Motor Vehicle Production

According to figures collected by the Japan Automobile Manufacturers’ Association (JAMA), the number of motor vehicles (4-wheeler) produced in August 2015 was 605,000, an approximate 5 percent drop over the same month of the previous year. It was also the 14th consecutive month that the figure had fallen compared to the same month of the previous year. In terms of...

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