April 12, 2018
NGK Spark Plug established the new company “Sharing Factory” in March, 2018.
The new firm provides services to mediate machine tool and measuring equipment lending among manufacturing customers.
In recent years, the manufacturing industry has been required to respond flexibly to changes in the external environment.
NGK Spark Plug applied the concept of a “sharing economy” to manufacturing industries, which uses places and objects in common with each other.
Establishment of the new company was aimed at improving the competitiveness of customers.