Daihatsu's parts centre to improve distribution flow
BEKASI, Indonesia
Daihatsu Motor Company's Indonesian manufacturing subsidiary, PT Astra Daihatsu Motor, has invested IR60 billion (USD6.4 million) in a new spare parts centre equipped with electric forklifts, RF wireless and barcode scanners.

Bisnis Indonesia reports the new facility was established to improve parts distribution flow to deliver quality customer service.

The 19,453 square metre centre is built on four hectares of land in the MM2100 Industrial Zone in Cibitung, Bekasi. Previously, PT Astra Daihatsu's spare part needs were fulfilled by 160 local vendors and foreign suppliers in Japan and Malaysia.

2008 a year for IPOs in Germany
WIESBADEN, Germany
Kion Group is among a list of German companies that could be floated in 2008, according to a survey of IPO (initial public offering) banks in Handelsblatt published on Tuesday.

Deutsche Bahn AG, Evonik Industries AG, Talanx AG, HSH Nordbank AG are also on the list.

Trade show in Turkey
HANNOVER, Germany and ISTANBUL, Turkey
WIN Part 1, a trade show exhibiting the products and services of machinery, welding, surface treatment and materials handling companies, will be held from 7-10 February 2008 at TÜYAP Fair Convention and Congress Centre in Istanbul, Turkey.

For more information, visit www.win.fair.com/en.

The show is organised by Hannover-Messe Bileşim Fuarcilik AŞ.

Marangoni invests in Sri Lanka production
VERONA, Italy
Marangoni Industrial Tyres will build a plant in Sri Lanka to produce super elastic tyres.

According to Modern Tire Dealer, the tyres will be mainly for forklifts but also used on loading platforms, loaders and other industrial and commercial machinery.

Marangoni vice president Giovanni Marangoni says the investment is aimed at increasing the company's production capacity and boosting the group's market share.

The new plant will be integrated with Marangoni's R&D centre in Rovereto, Italy.