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TITLE  Kobe Steel to increase machinery capacity in China
WRITER   administrator DATE   2010-08-20 18:37:08
Kobe Steel to increase machinery capacity in China
Fri. 20 Aug. 2010

It is reported that Kobe Steel Ltd., the fourth largest steel manufacturer in Japan, has planned to invest ¥600 million in the standard type compressor output expanding at its China plant.

The investment will help Kobe Steel's China plant to increase its annual capacity from 2,200 units to 3,500 units in July, 2011.

The investment project calls for Kobe's China plant to push its standard type compressor sales can rise from 68 billion to become 110 billion Japan Yen in 2015. The company will also rise its high-end type product sales quantity from ¥9 billion to ¥30 billion Japanese Yen in the oversea market orders.

Source from Yieh Corp
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