advertisement
click to visit Consolidated
 

 in 
 
  more

 
click to visit SPB USA

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.
Unauthorized reproduction is prohibited.


Return to News Headlines

Have bearing industry news leads ?      Send them to news@eBearing.com


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.




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.