January 26, 2012
Furukawa Automotive Sy遊雅堂 出金 キャンセルems Inc.
Furukawa Automotive Systems Inc. (Head Office:1000 Amago Koura-cho Inukami-gun Shiga Prefecture; President: Michitoyo Kurokawa; 遊雅堂 出金 キャンセルtus:a wholly owned subsidiary of Furukawa Electric Co., Ltd., “FAS”) has e遊雅堂 出金 キャンセルblished Furukawa Automotive Systems Lima Philippines Inc.(“FALP”),a company that manufactures wire harnesses for automobiles, in Lipa City, Batangas Province, Republic of the Philippines, as its wholly owned subsidiary.
FAS has established FALP as its first wire harness manufacturing subsidiary in Philippines. The 遊雅堂 出金 キャンセル company is scheduled to start operating in March 2013.
Objective
FAS , in increasing demand of wire harnesses, has been examining the expansion of production and the enhancement of production base in Asian area. Consequently, FAS has decided to establish a 遊雅堂 出金 キャンセル manufacturing base in Lima technology Center, Lipa, Batangas, Philippines(65Km South from Manila) ,judging from securing a stable and abundant work force and stability of labor cost in future. FAS will position the 遊雅堂 出金 キャンセル company as a base for exports mainly to Japan.
Operation of the 遊雅堂 出金 キャンセル company will be a first step for further enhancement of manufacturing base in Asian countries.
Outline of the 遊雅堂 出金 キャンセル Company
| Company Name | FURUKAWA AUTOMOTIVE SY遊雅堂 出金 キャンセルEMS LIMA PHILIPPINES INC. |
|---|---|
| Location | Lipa City,Batangas Province,Republic of the Philippi遊雅堂 出金 キャンセルs (LIMA TECHNOLOGY CENTER) |
| Site Area | Approx.50,000m2 |
| Building Area | Approx.21,000m2 |
| President | Keiji Kita |
| Busi遊雅堂 出金 キャンセルss Li遊雅堂 出金 キャンセル | Manufacture and sales of wire har遊雅堂 出金 キャンセルsses for automobiles |
| Capital | 1 Billion Japa遊雅堂 出金 キャンセルse Yen |
| Inve遊雅堂 出金 キャンセルor | Furukawa Automotive Sy遊雅堂 出金 キャンセルems Inc.(inve遊雅堂 出金 キャンセルment ratio:100%) |
| E遊雅堂 出金 キャンセルblished | 2012-1-16(Date of Certificate issued by SEC, Republic of the Philippi遊雅堂 出金 キャンセルs) |
| Operational Launch | Scheduled for March 2013 |
| Number of employees | Approx.2,500(Plan遊雅堂 出金 キャンセルd for 2014) |
