Sumitomo Riko Co. Ltd. (TYO:5191) has established in Poland a new company, SumiRiko Automotive Hose Poland Sp. z o. o. (SRK-HP), for the manufacturing and distribution of automotive hoses. The new company represents an investment of 10 million euro ($11 million). Located in the city of Sosnowiec, the company will commence operations in October of this year. Sumitomo Riko already...
Nitta Corp. (TYO:5186) has acquired Connect Conveyor Belting Inc., a Canadian fabricator and seller of belts based in Milton, Ontario. Since before the acquisition Connect has been fabricating and selling Nitta’s flat belts, such as the SEB (Super Endless Belt) and the Polybelt, which are used in mail handling equipment, printers, banking terminals and other machinery. Now Connect will become...
Bridgestone Corp. (TYO:5108) has introduced a newly developed pre-forming method that improves productivity of the manufacturing process for seismic isolation rubber. The new method is in use at the company’s Yokohama Plant where it manufactures seismic isolation rubber. In the pre-forming method, the interior rubber is injection-compression molded (ICM) to eliminate the rolling and punching processes. The use of robots...
Nitta Corp. (TYO:5186) is strengthening its production and sales effort for heat piping used in urea selective catalytic reduction (SCR) systems, which are drawing interest for their environmental advantages. One of the technologies that can be used to purify diesel engine emissions, urea SCR systems are rapidly being put to use not only in passenger vehicles, but also commercial vehicles...
Bridgestone Corp (TYO:5108) is expanding production capacity of passenger car tires and light truck radial tires at the Quebec-based Joliette Tire Manufacturing Plant of Bridgestone Canada Inc. (BSCA), a subsidiary of Bridgestone Americas Inc. (BSA). The investment is expected to total $250 million. With the expansion scheduled to break ground in 2016, new technologically advanced equipment will be phased in...
Japanese tire companies are reaping higher profits in the North American market with the help of a livelier U.S. economy. That help is coming in the form of strong sales of large vehicles in the U.S. that is creating major demand for large tires fitted onto pickup trucks and SUVs. Bridgestone Corp. (TYO:5108) has responded to this demand by announcing...
