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ECONOMY

Nihon Plast to build new warehouse in U.S.

  • September 5, 2019
  • , NIKKEI Business Daily , p. 10
  • JMH Translation

SHIZUOKA – Major auto parts and airbag producer Nihon Plast has announced that its Ohio-based U.S. subsidiary, Neaton Auto Products Manufacturing, will build a new warehouse on its factory premises. The plan is aimed at securing more production space and cutting costs through streamlining. Nihon Plast will invest 10.5 million dollars (roughly 1.1 billion yen) in the project. Later this year, the construction of a warehouse with an area of some 14,600 square meters will begin, with an eye to starting full operation in December 2020. (Abridged)

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