Nitta Corp. (TYO:5186) held a factory completion ceremony on Feb. 20 at Nitta Corporation (Thailand) Ltd. (NCT), the company’s Thai hose and tube production base. The ceremony was attended by over 80 people, including Thai government officials and customers. Nitta President Motonobu Nitta gave opening remarks, saying that the company is looking to contribute to Thailand’s development, as well as...
Thailand
Nitta President Talks Overseas Business, Strategies to Cope With High Growth Rates
Speaking with Japan Rubber Weekly in an interview, Nitta Corp. (TYO:5186) President Motonobu Nitta said that regarding overseas development in 2017, the company has completed the facility at its U.S. plant and is now installing equipment. Operations are expected to start in July. In Thailand, the focus will be on Nitta Moore hose and tube products, where local production of...
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Global Clients Need Global Supply Chains: JSR President Mitsunobu Koshiba
JSR Corp. (TYO:4185) has, for the first time since its founding, restructured its business according to applications, said President Mitsunobu Koshiba during a recent talk with Japan Rubber Weekly. In addition to other steps, this included the establishment of a Tire Materials Department in June 2016. With its history of starting synthetic rubber production as a statutory company, he said...
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Sumitomo Rubber Thai Subsidiary Celebrates 10 Years in Operation
Sumitomo Rubber (Thailand) Co. Ltd. (SRT), a tire manufacturing and marketing subsidiary of Sumitomo Rubber Industries Ltd. (TYO: 5110), held a ceremony recently to mark 10 years in operation. In addition to holding a Buddhist ceremony within the factory, SRT held a ceremonial party, playing host to a guest list of 300 people, including the local governor and members from...
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Tokai Carbon at Full Production Capacity in Thailand, Pondering Overseas Expansion
Speaking recently on overseas operations, Tokai Carbon Co. Ltd. (TYO:5301) President Hajime Nagasaka said that production at the company’s subsidary Thai Tokai Carbon Product Co. Ltd. is currently operating at full capacity. The path to this, Nagasaka said, was not by getting into unreasonable price competition – it was by customers who had been using low-price goods from China and...
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New Asics Subsidiary in Thailand to Start Operations in October
Asics (Thailand) Co. Ltd., Asics Corp.’s (TYO:7936) new subsidiary in Bangkok, Thailand, is set to commence operations on Oct. 1. 2016. Established on April 4 with paid-in capital of 100 million Thai baht ($2.87 million), the company will handle sales of Asics running, training, badminton and volleyball shoes, apparel, and accessories, as well as Onitsuka Tiger and Asics Tiger shoes,...
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