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Towa Corporation Plans Expansion in Bangladesh to Decentralize Production Risks

Glove manufacturer Towa Corporation Ltd. is set to move forward with expansion efforts from Aug. 1, 2019, adding new room to a Bangladeshi plant that produces gloves for the manufacturing industry. The company will invest around 100 million yen ($882,900) to achieve this. By adding a third floor to its current two-floor setup here, Towa Corporation will open up additional...

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Nitta Sees Strong Performance for Resin Belting in Distribution, Food Sectors

Nitta Corp. (TYO:5186) is expecting its belting division to report year-on-year sales growth of around 5–9 percent for the first half of fiscal 2018. The company’s NLG series of resin conveyor belts have recently been met with strong performance in the distribution sector as well as positive trends in the food sector, causing year-on-year sales growth percentage here to be...

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Bridgestone Sees Strong Conveyor Belt Sales on Back of American Mining Demand

Bridgestone Corp. (TYO:5108) has seen its overseas sales of conveyor belts generate increased revenue year-on-year for the first half of calendar 2018. And a major factor here has been strong demand from the mining sector in the Americas. Both North and South America showed particularly strong demand for copper ore and iron ore mining over the period, while figures in...

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Zeon to Expand Production Line for Retardation Film for Use in Large-Screen TV Applications

Zeon Corp. (TYO:4205) plans to build an additional production line for retardation films to be used in large television screens. The company will invest in the range of 10 billion yen ($88.86 million) to build a new production line with an annual capacity of 50 million square meters at its Tsuruga Plant in Tsuruga City, Fukui Prefecture. Plans are to...

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Bridgestone Sees Success With Spikeless Golf Shoes Employing Tire Technologies

Bridgestone Sports Co. Ltd., a subsidiary of Bridgestone Corp. (TYO:5108), has announced that a line of spikeless golf shoes under its Tour B series achieved a major sales landmark over Sept. 10–16, becoming the week’s top-selling over-the-counter line of spikeless golf shoes in Japan. This comes as Bridgestone has applied technologies from its tires to the new line of shoes,...

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Totaku Sees Strong Domestic Demand for Plastic Hoses in Semiconductor, Food Sectors

Totaku Industries Inc. is seeing a wave of strong demand for plastic hoses in Japan, with the company estimating that it has achieved year-on-year growth of 4–5 percent for the first half of fiscal 2018. Company president Kozo Toyoda said that Totaku has seen strong results across the board in its demand sectors, which include the semiconductor, food and civil...

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