Yokohama Rubber Co. Ltd. (TYO:5101) has a policy with its conveyor belt business to focus on the steel sector in Japan while focusing on resource development sectors in overseas markets. In the last few years, the company has been actively developing new conveyor belt products, including the popular High-Heat Resistant MJ Fabric Belt that it developed last year. The use...
rubber belt
Nitta Acquires Canadian Belt Company
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...
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