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The eBearing News
March 19, 2001


Koyo and Mitsubishi Electric Will Build
New Electric Power Steering Plant Near Prague
copyright © 2001 eBearing Inc.

Koyo Seiko Co. and Mitsubishi Electric will build a joint-venture plant to manufacture power steering components in the Czech Republic. The company is to be named Electronic Power Steering Components Europe, s.r.o.

The new factory will be built in the town of Slany, just northwest of Prague. State agency CzechInvest spokesman Josef Lebl said the Czech government estimates the joint venture facility will cost USD $26 million.

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- by Bruce A. Carr
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eBearing.com ... for everything that moves™
Entire contents Copyright © 1999-2008, eBearing Inc. All rights reserved.
eBearing.com and "... for everything that moves" are registered trademarks of eBearing Inc.