Kobe Steel opens tyre and rubber machinery firm in China
In April Kobe Steel, Ltd. will open a company in China to sell tyre and rubber machinery and provide after-sales service. Kobelco Machinery System Engineering Qingdao Co., Ltd. (or KMQ), based in Qingdao, Shangdong Province will supply rubber mixers, twin screw roller head extruders and tyre testing machines used in the manufacture of tyres for cars, construction equipment and other rubber products. Kobe Steel has invested 2 million yuan (about 40 million yen; £216,000) in KMQ.