February 10, 2022
Injection molding machine builder NISSEI PLASTIC INDUSTRIAL will establish a new injection molding machine production subsidiary in Zhejiang, China. The subsidiary will be capitalized at 1 billion yen. Mr. Kiyoto Takizawa, Director of NISSEI PLASTIC INDUSTRIAL, will be the Chairman of the Board. The company will launch the production subsidiary and start operation of the new plant by the end of 2023. The size of the new plant has not yet been announced.
With the establishment of the new manufacturing subsidiary, NISSEI PLASTIC INDUSTRIAL will further strengthen its injection molding machine production and meet the strong demand from the Asian market.
December 23, 2021