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...
Plastic hose manufacturer Toyox Co. Ltd. has launched sales of two new hose sizes under its Toyofoods-S lineup, which has earned itself a strong reputation in the food industry. The move comes in response to high industry demand for large-diameter hoses. More specifically, the company has added hoses with internal diameters of 75 millimeters and 100 millimeters. This comes on...
Belt manufacturers are strengthening their marketing efforts in the food industry. A look at sales performance among buyers of resin conveyor belts indicates that food-related companies are the largest customer category, accounting for more than 30 percent of demand. Given the stability of demand expected in this market, manufacturers across the board are focusing their efforts on new product offerings...
Forbo Siegling Japan Ltd.’s belt and seal businesses have posted solid sales for the first half (January–June) of 2017. The company’s belt business saw sales increase more than 5 percent year-over-year on the back of sales growth in the logistics and food industries. Sales for the logistics sector were particularly robust, backed by increased demand both from logistics centers that...
Totaku Industries Inc. is seeing strong sales for its heat- and water-resistant TAC Eco Line hose. Able to withstand temperatures of 100 degrees Celsius for sustained periods, the hose can be used for hot-water washing. This makes it particularly useful for the food industry, where sanitary control is essential. The new hose features an upgraded resistance to pressure while still...
Nitta Corp. (TYO:5186) has seen steady growth in sales of its conveyor belts. The company’s New Light Grip conveyor belts, which are made with polyester woven fabric, are selling well in the food and distribution sectors. In the food sector, sales of the WEXU, LBEU Series high-performance belts, which were launched in 2015, have contributed to increased revenue for the...
