Nitta’s consolidated subsidiary Korea Nitta Moore relocated and expanded its plant in Gumi, Korea, and began operations at the new plant on October 1. The investment was 23 billion won ($17.1 million). With a land area of 30,312 square meters and building area of 21,705 square meters, the new plant is 2.3 times larger than the old one. Air pollution...
Nitta’s Moore Division’s first quarter (April-June) financial results showed sales were flat year-on-year and operating profit increased. In the general industrial business, sales increased year-on-year. Sales of tubing and fittings, which are components of semiconductor manufacturing equipment, improved as customers began to place orders for such equipment. “The semiconductor manufacturing equipment production started in the second half of the previous...
Bridgestone’s hose business reported higher sales and profits in the first half of fiscal 2024 (January-June 2024) compared to the same period last year. Sales of high-pressure hoses for construction machinery were strong, especially in overseas markets, and exceeded the double-digit sales growth of the same period last year by several more percent, reaching a record high in the first...
As part of its carbon neutral initiative to achieve virtually zero CO2 emissions by 2050, Sumitomo Riko has adopted heat shield paints that prevent heat radiation in molds used in the production process and reduced the power consumption of the molds, thereby reducing CO2 emissions for the entire group by approximately 1,000 tons per year compared to fiscal 2020 across...
Habasit Japan exhibited at the International Logistics Exhibition held at Tokyo Big Sight from September 10 to 13 to promote its various products for the logistics industry, one of the two major fields of demand for plastic belts. The main product on display was the roller belt, a key product. This product eliminates the problems associated with roller conveyors, such...
Toyoda Gosei will build a new plant for safety system products and interior/exterior parts in Harohalli, Karnataka, India. The investment will be approximately 2.05 billion rupees ($24.52 million), and production is scheduled to begin in January 2026. The new plant will be constructed to respond to the expansion of automobile production in India. With a land area of approximately 40,000...
