Japan: Zewu Company will increase production of grinding and grinding tools
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November 20 14:04:30, 2024
According to Japanese media reports, Japan’s Shibuya will increase its grinding and grinding tools in China and Thailand in March 2014 (April 1, 2013 to March 31, 2014). Based on the amount basis, the company plans to invest about 1 billion yen (about US$13 million) to increase the production capacity of the two factories in China and Thailand to 4.5 billion yen (about US$57 million) this summer. 3 times. At the same time, the overseas production ratio will be increased from 12% in the fiscal year 2011 (April 1, 2011 to March 31, 2012) to approximately 20%, thus responding to the growth of demand in emerging countries. It is reported that the military will build a factory in the grinding and whetstone factory in Suzhou, China and the diamond tool factory in Saraburi, Thailand. Details of building size and manufacturing equipment will be announced in the future. By then, the capacity of the Chinese plant will increase to 3 billion yen (about $38 million), which is 3.8 times that of the previous one. The capacity of the Thai plant has increased to 1.5 billion yen (about US$19 million), more than double the previous one. As of now, most of the local sharpening stones are exported from Japanese factories such as Shenshou Factory. In the future, the products will be mainly supplied to Japanese steel manufacturers and auto parts manufacturers that increase production bases in emerging countries in China and Southeast Asia.