Uvex Safety Group GmbH & Co. KG, a German manufacturer of safety equipment, has entered into a distributorship agreement with Kokugo Co. Ltd., a historic Japanese vendor of physics and chemistry products for the sale of the former’s industrial gloves in Japan. The partnership will see the full launch of a range of high function, value-added products in the country....
According to estimates by the Japan Construction Equipment Manufacturers Association, an organization of companies including makers of hydraulic excavators, construction cranes and tractors, the 2016 demand for shipments of construction equipment is projected to rise to 2.16 trillion yen (approximately $18 billion), an increase of 2 percent over the previous year. The Japanese domestic portion of this figure is 853.6...
Toyoda Gosei, a Toyota Group auto parts company, is slated to invest in Pecval Industria, a Brazilian firm that produces resin parts for auto interior and exterior. With this move, Toyoda Gosei plans to reinforce its business base in Brazil. Pecval is a wholly-owned subsidiary of Shimizu Industry Co., Ltd. (Kariya City, Aichi Prefecture), that produces auto dashboard components and...
Sumitomo Riko Co. Ltd. (formerly Tokai Rubber Industries), in a joint venture with Daeheung R&T Co. Ltd. of South Korea, will establish a rubber refinement (kneaded rubber/rubber compound) manufacturing and vending company in China. Both companies had been involved in producing kneaded rubber, but with business expansion came the need to augment production capabilities. Sumitomo Riko views this as an...
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