News Room 2007 (The former Furukawa-Sky)
Opening Ceremony Held for Our Subsidiary for Manufacturing Aluminum Precision Casting Parts for Automotive Applications in Vietnam
March 23, 2007
On March 22, we held an opening ceremony for our wholly owned overseas subsidiary established in Vietnam, Furukawa-Sky Aluminum (Vietnam) Inc. (based in Ho Chi Minh City, Socialist Republic of Viet Nam, under President Yoshiro Togami) in its premises. About 150 guests and persons concerned from Vietnam and Japan attended the ceremony, including President and Chief Executive Officer Masateru Yoshihara of Furukawa-Sky.
Through full-fledged mass production in Vietnam, this main production base will expediently respond to the expanding demand for aluminum precision casting parts for automotive applications, which are expected to grow considerably in the future.
| Established | : | January 11, 2006 |
|---|---|---|
| Location | : | Tan Thuan Export Processing Zone, Ho Chi Minh City, Socialist Republic of Viet Nam |
| Capital | : | 6 million U.S. dollars |
| Investment ratio | : | 100% by Furukawa-Sky Aluminum Corp. |
| President | : | Yoshiro Togami |
| Line of business | : | Manufacture of automotive aluminum precision casting parts (turbocharger parts for diesel engines) |
| Site area | : | 27,000 m2 |
| Building area | : | 11,000 m2 |
| Production volume | : | 600,000 parts per month (by end of 2007) |