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...
Forbo Siegling Japan
Forbo Siegling Japan Posts Strong Belt Sales in Food and Logistics Sectors
Forbo Siegling Japan Ltd., the Japanese subsidiary of the Swiss plastic belt manufacturer, has been enjoying brisk sales. Year-on-year net sales of belts from January through August rose by a rate in the mid-single digit range. Earnings from the food sector made a major contribution to the increase, with bread and confectionery manufacturers accounting for a significant share of the...
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