News - June 10, 2019

Okuma opened third TC in China

Okuma established the Jinan Technical Center (TC) in Jinan City, eastern Shandong Province, China on March 21, 2019.

The Jinan branch office is the third TC in China and the amount of investment is about 300 million yen.

Chinese government is working on tax incentives and infrastructure investment in manufacturing as economic policy this year while China’s economy has been slowing due to trade friction with the U.S.

In China, the shortage of human resources is a problem, and the demand for automation and labor saving using industrial robots is expected to increase.

Shandong Province has one of the China’s largest economies, with high-tech industries clustering.

In order to actively propose high-value-added machine tool and automation facilities for an increasingly sophisticated Chinese manufacturing industry, such as the five-axis machining center (MC) and multi-tasking machine, the Jinan TC was newly established following by Shanghai and Guangzhou.

It covers the Shandong Province, northern Hebei Province, Beijing and other areas.

Taking advantage of the opening of a new TC, Okuma aims to get orders of 40 billion yen per year in China. Jinan TC will provide instruction on test cutting, machining support.

This article was translated by “T-4OO”.

Share On :

Most Popular

1

News
- April 20, 2018

Mazda and Toyota tag team on U.S market strategy

On March 9, 2018, Mazda and Toyota Motors announced the establishment of a joint venture, Mazda Toyota Manufacturing USA (MTMUS), in Alabama. MTMUS will manufacture Toyota’s Corolla models as well as all new Mazda models, for the North A...

2

News
- December 3, 2018

Japanese motor giant invests in innovation on its home turf

On August 30, 2018, Daihatsu announced that it would construct a new plant at the Kyoto Plant in Oyamazaki Town, Kyoto Prefecture. Approximately 35billion yen is invested. The total floor area is approximately 42,000 square meters. The n...

3

News
- January 25, 2019

Honda increased production of motorcycle scooters in India

On October 4, 2018 Honda announced that it would establish a new production line at the plant of affiliated corporation in India, where motorcycles have been manufactured and sold. The new production line will be set up at the fourth plant ...

4

News
- March 27, 2019

North America Toyota makes a large investment of $ 750 million

Toyota Motor North America (TMNA), Toyota Motor's affiliated corporation in North America, announced on March 15, 2019 that it would invest $750 million in five US vehicle and power train plants. TMNA intends to expand local production o...

5

News
- November 19, 2018

Japanese watch pioneer halves production costs through automation

Automated production lines for watches started operation at a plant in Yamagata CASIO, a production subsidiary of Casio.  Investments are not disclosed. Casio's long-selling digital watch "A159WA" will be manufactured on the line.  The a...

6

News
- November 21, 2018

Japanese chip manufacturer and American partners expand territory

On July 24, 2018, Toshiba Memory Corporation opened a construction ceremony for a new manufacturing building in Kitakami City, Iwate Prefecture.  Total investment is expected to reach 1 trillion yen.  It boasts the largest scale in the comp...