Navigation

News

Nitta launches Phase 2 of Shift2030 Management Plan

on April 14, 2025 in Products

Belt, hose and tube manufacturer Nitta has launched Phase 2 of its medium- to long-term management plan Shift2030, covering fiscal years 2025–2027. The growth strategy, centered on manufacturing, focuses on strengthening existing businesses and exploring new ones, accelerating global expansion with North America and India as key markets, and aiming for consolidated sales exceeding 1 trillion yen ($6.54 billion), targeting...

Please subscribe to read the full story.Subscribe
Already a member? Log in here
Continue Reading

Bando Expands Flat Belt Drive System to Boost Energy Savings

on April 11, 2025 in Industry

Transmission belt manufacturer Bando Chemical is focusing on expanding its environmentally friendly products under its sustainability policy aimed at achieving a sustainable society. One example is the HFD System (Hyper Flat Drive System), a flat belt drive system that contributes to energy savings and CO2 reduction. The HFD System integrates a flat belt, a meander control device, and an auto-tensioner,...

Please subscribe to read the full story.Subscribe
Already a member? Log in here
Continue Reading

Nichirin Opens Workshop as R&D Hub for Human-Collaborative Robots

on April 10, 2025 in Industry

Nichirin, a manufacturer of rubber hoses for automobiles and motorcycles, completed the Nichirin Workshop at its Himeji Factory in July 2024. The five-story building, with a total floor area of approximately 3,800 square meters, is equipped with emergency power generation to prepare for large-scale disasters. The Nichirin Workshop aims to serve as a research and development hub for human-collaborative robots,...

Please subscribe to read the full story.Subscribe
Already a member? Log in here
Continue Reading

Mitsui Chemicals to Raise Elastomer Prices

on April 9, 2025 in Industry

Mitsui Chemicals announced a price increase of 25 yen ($0.16) or more per kilogram for its elastomer products — Tafmer, Mitsui EPT, and Lucant — effective from deliveries starting May 1. “In recent years, fixed costs such as repair and labor expenses, along with logistics and auxiliary material costs, have been rising,” the company said. “We have reached a point...

Please subscribe to read the full story.Subscribe
Already a member? Log in here
Continue Reading

Bridgestone to Reduce Capacity at Two Tire Factories in Spain

on April 9, 2025 in Industry

Bridgestone Hispania Manufacturing said that it will begin discussions with labor unions regarding production capacity reduction and associated collective layoffs at two tire factories in Spain. The affected factories are the Puente San Miguel plant (Cantabria), which produces radial tires for agricultural machinery and trucks and buses, and the Basauri plant (Basque Country), which manufactures radial tires for trucks and...

Please subscribe to read the full story.Subscribe
Already a member? Log in here
Continue Reading

Toyo Tires Raises Japanese Retail Tire Prices by Up to 10%

on April 8, 2025 in Industry

Toyo Tires announced a price increase of up to 10% for the manufacturer’s shipping prices of its Japanese domestic retail tires. The price hike applies to all domestic retail tire products under the Toyo Tires and Nitto Tire brands, as well as tubes and flaps. The increase will take effect for summer tires starting June 1 and for winter tires...

Please subscribe to read the full story.Subscribe
Already a member? Log in here
Continue Reading