Ads
News service and business centre for materials handlingHOME
Search  
/lynad/news_adclick.asp?assid=14913

14924,14925 10378
Nichiyu sets up Thai subsidiary
Thursday, 15 Sep 2011 ( #531 ) - Sriracha, Thailand
News Story
Nichiyu Forklift (Thailand) Co Ltd will manufacture battery-powered forklifts and parts.
Nichiyu has established a manufacturing subsidiary in Thailand as part of its medium- and long-term goals to sell more forklifts outside Japan. It also wants to meet rapidly growing demand in Asia, a market in which it specialises.

The number of new employees for Nichiyu Forklift (Thailand) Co Ltd, which was established on 15 August, has not been decided. The chairman of the new company is Seiho Onoe, while Masahiro Ono is the managing director. The office is located in the town of Sriracha in Chonburi province.

Nichiyu plans to build the new plant on an acquired 42,000 sqm (452,084 sqft.) site in the Amata City Industrial Estate in Rayong province, 114 km south-east of Bangkok. Construction will start in the northern spring of 2012 and is scheduled for completion in December 2012. Full-scale operations are planned to start in April 2013.

The industrial estate is accessible via Thailand’s international airport and Laem Chabang Deep Sea Port, Thailand’s largest port, is also close by. The site is ideally located for the export and import of forklifts and parts.

About 90% of the forklifts produced in Thailand will be exported to neighbouring countries. In the first year, approximately 2,500 units are planned for production. Nichiyu will meet forklift demand in China, Asia, Oceania, Russia and the Middle East with its two Asian plants.

Nichiyu has a Chinese plant - Shanghai Nichiyu Forklift Manufacturing Co Ltd. Thailand was chosen for a second manufacturing base because Nichiyu says it has the highest demand for forklifts in Asia, after China.

Nichiyu Forklift (Thailand) Co Ltd was established with a capital of JPY400 million (USD5.2 million). Further investment sums will be determined later. The subsidiary is not 100% owned by Nichiyu and individual founders hold stock in accordance with Thai regulations.

The Thai subsidiary will manufacture and sell battery-powered forklifts and parts, maintain forklifts and import and export forklifts and related parts.
Discuss Forkliftaction.com News stories in the Discussion Forums!
x
separate border
THIS WEEK'S NEWS
This weeks feature

This Weeks's Feature

The humble battery quite literally runs the materials handling world. ... [Read the full report]
Global News

Global News

A number of tyre producers have followed Camoplast Solideal’s lead ... [more]
UNITED STATES UniCarriers Americas (UCA) has expanded its Marengo complex with the ... [more]
UNITED STATES Clark Material Handling Company has expanded Apex Material Handling’s distribution ... [more]
/lynad/news_adclick.asp?assid=14917
Ads


UNITED KINGDOM Nexen Lift Trucks has delivered seven customised FDX18 trucks that ... [more]
FRANCE Norwegian discount chain Europris is investing in lithium-ion batteries supplied ... [more]
Linde launches first robotic trucks - Hamburg, Germany
New telehandlers at Plantworx - Waterloo, Belgium
Jungheinrich unveils C series - Hamburg, Germany [more]
EnerSys, Specialized Liftruck Services [more]
UNITED STATES Over 600 materials handling professionals converged on San Antonio, Texas ... [more]
TURKEY More than 70,000 people attended the WIN EURASIA Automation 2015 ... [more]
/lynad/news_adclick.asp?assid=14918
Ads


Advertisement
Our Energy Sources and Technologies Feature is so big we need 2 parts over 2 consecutive weeks to cover the full story. This week: Part 1 covers Traditional Energy Systems and lead battery usage. We explore the challenges and innovations that have risen from meeting changing customer needs, ... [more]

Announcements (Ads)

Delta-Q Technologies' new white paper focuses on on-board battery charger ... [more]
High capacity electric forklifts are dominating the market as companies ... [more]
An electric forklift truck powered by EnerSys batteries and chargers ... [more]
SYSTEMS SUNLIGHT S.A. initiated a co-operation with Delhaize Serbia, a ... [more]
/lynad/news_adclick.asp?assid=14920
Ads


Douglas Battery has introduced three new battery chargers to serve ... [more]
Intella Liftparts is pleased to announce the introduction of the ... [more]
Originally developed for use in the Czechoslovak Army and currently ... [more]
/lynad/news_adclick.asp?assid=14921
Ads


Discover TVH’s battery regeneration, diagnostic & maintenance technology (Energic Plus®) ... [more]
The new Cat® NR20N2X range of reach trucks latest mast ... [more]
A group of city leaders headed by Feng XU, the ... [more]
/lynad/news_adclick.asp?assid=14922
Ads


U.S. manufacturer Hoist Liftruck has introduced a new FR Series ... [more]
Simplicity, reliability and eco-friendly, Manitou's new MI 50G forklift ticks ... [more]
GOODSENSE Forklift will bring products to Sydney this May for ... [more]
Smart Expo is the national event for professionals within the ... [more]
/lynad/news_adclick.asp?assid=14916
Ads


Subscribe to the weekly e-newsletter.
NEWS ARCHIVE | PAST NEWSLETTERS
©2013 Forkliftaction.com - All rights reserved
 
x
©Forkliftaction.com
Forkliftaction Media Pty Ltd
PO Box 1439
Milton QLD 4064
Australia
Storing your login information automatically.

When you select the 'Remember me' option, your login information will be stored on your computer in the form of a cookie. When you visit Forkliftaction.com again, the stored login information will be retrieved automatically and you will not have to submit your login parameters (email address and password) each time you want to visit our members-only pages.

A cookie is a small piece of data that is sent to your browser from a web server and stored on your computer's hard drive. A cookie can't read data off your hard disk or read cookie files created by other sites. Cookies do not damage your system.

 Back to Top