Yokohama Opens Chinese Sealant and Hose Assembly Plants
Yokohama subsidiaries, Yokohama Hamatite, a passenger car sealants supplier, and Yokohama Hoses & Coupling have held a joint opening ceremony of their new Chinese factories. Yokohama Hoses & Coupling (Hangzhou) will start by assembling 2,500 hoses monthly, raising output 10,000 units monthly through 2008. The capital investment for equipment and facilities will total $350,000, the company reports.
The event was held at Yokohama Hamatite in Hangzhou, China where both companies are based. Approximately 50 guests attended included customers, sales agents, and officials of the Hangzhou Economic Technological Development Zone. Masamichi Danjo, general manager of the Hamatite Division, and Michio Yuge, general manager of the Hoses and Coupling Division represented Yokohama.
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