|
|
|
|
The eBearing News
December 20, 2005
Taiho Kogyo Building Engine Bearing
Plant in Japan
copyright © 2005 eBearing Inc.
Taiho Kogyo Co. Ltd. (Japan, TSE:
6470), a separately traded division of Toyota
Motor Company, will build a new engine bearing manufacturing plant in Japan.
The greenfield facility, to be built in Gifu Prefecture, has groundbreaking scheduled
for January 2006.
It is expected to come online in mid-2007, to meet growing demand for engine bearings by
increasingly successful Japanese domestic automakers.
Taiho Kogyo is one of the world's largest manufacturers of plain bearings, although it did not
start manufacturing plain bearings until 1961 when it established a technology-sharing joint
venture with Federal-Mogul Corporation (USA).
The company currently manufactures approximately 14 million engine bearings each year;
the Gifu plant will boost that capacity to over 20 million, worth an additional
$50 million in sales by 2007. The budget for Gifu, up and running, is reportedly
¥ 2.2 billion.
Taiho Kogyo has approximately 20 manufacturing locations around the world, supplying all of
the world's key automakers with all types of engine bearings, thrust bearings, thrust washers,
various die cast products and gaskets. For example, Taiho currently has more than 50% market share for plain
engine bearings used in Japanese cars and motorcycles.
In 2002, Taiho Kogyo acquired China Yantai Bearing Company, an engine bearing
manufacturer in Shandong Province.
article: Taiho Kogyo acquires China Yantai Bearing Company
In early 2003, Taiho Kogyo landed its first GM engine bearing contract.
article: Taiho Kogyo lands GM engine bearing contract
In late 2003, Taiho Kogyo acquired Nippon Gasket Company, NHK.
article: Taiho Kogyo acquires NHK
|
|
|
printer-friendly version
|
|
- by Bruce A. Carr
from individual research,
tips and commercial sources.
Bruce Carr edited this content.
Copyrighted material; unauthorized reproduction prohibited.
|
|
eBearing.com ... for everything that moves™
Copyright 1999-2010, eBearing Inc. All rights reserved.
Copyright information is on www.copyright.com
Unauthorized reproduction is prohibited.
eBearing Inc, eBearing.com, and "... for everything that moves" are registered
trademarks of eBearing Inc.
|
|
|
|
|
| |
eBearing.com ... for everything that moves™
Entire contents Copyright © 1999-2010, eBearing Inc. All rights reserved.
eBearing.com and "... for everything that moves" are registered trademarks of eBearing Inc.
|
|
|
