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Established a local subsidiary in Thailand

October 1, 2017

Union Tool announced that it would establish a local subsidiary, Union Tool Thailand, in Bangkok, Thailand on  14 September 2017.

Capital amount is 110 million baht and will be established in January 2018.  Details of specific addresses and representatives will be determined in the future. In Southeast Asia, demand for cutting tools is highest in Thailand.  So far, the company has been working to collect information through its representative offices.

The company decided to establish a subsidiary in Thailand in order to focus on sales activities, judging that demand for cutting tools will continue to increase in the future.

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