JAPANESE PISTON RING MAKERS TO INCREASE OUTPUT IN CHINA
AsiaInfo Services, February, 2008
AsiaInfo Services 02-29-2008 Japanese Piston Ring Makers to Increase Output in China WUHAN, Feb 29, 2008 (SinoCast via COMTEX) -- Japanese piston ring manufacturers will expand their production in China in order to catch up with the growing demand of the world's third largest auto producer. Riken Corporation, the largest piston ring producer in Japan, plans to increase the monthly output of its company in Wuhan, Hubei Province, by 10% to 1.3 million piston rings in the next fiscal year ending by March 31, 2009. Nippon Piston Ring Co., Ltd.
(NPR), another giant in the piston ring sector in Japan, expects to spend about JPY 500 million, or USD 46.3 million, retooling and rebuilding its factory in Yizheng, Jiangsu Province in 2008, whose products are mainly for the...
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