Transmission belt manufacturer Mitsuboshi Belting Ltd. (TYO:5192) has finished constructing a new building for the twisting of tensile cords at its Shiga Plant in Takashima, Shiga. Coming in at an investment of 900 million yen ($7.91 million), the new building has a total floor area of 2,327 square meters and is slated to begin operations this April. The investment here...
Okamoto Industries Inc. (TYO:5122) is looking to establish recycling facilities within the site of its Shizuoka Plant in Yoshida, Shizuoka Prefecture. The company, which produces condoms, industrial goods and consumer products, uses the Shizuoka Plant more specifically to create the likes of plastic film, agricultural film, wallpaper and automotive interior materials. Toshio Tamura, president and CEO of Okamoto, said that...
Toyo Tire Corp. (TYO:5105) recently announced that it intends to establish a new tire production subsidiary in Belgrade, Serbia. The subsidiary will be used to run a tire production plant set for construction in the Serbian town of Indija. This will be Toyo Tires’ eighth such plant, coming alongside two in Japan, one in the U.S., two in China and...
Synthetic rubber manufacturer JSR Corp. (TYO:4185) recently announced that its U.S. subsidiary JSR Micro Inc. has started construction on a new plant in the state of Oregon, looking through this to bolster its production capacity for cutting-edge semiconductor cleaning agents. Total investment in the project is expected to come to around $100 million, with operations slated to start up in...
