Toshiba Asia inaugurates its industrial motor factory in Bien Hoa

(ĐN)- Toshiba Industrial Products Asia Co., Ltd. on Wednesday inaugurated its industrial motor factory in Dong Nai province’s Amata industrial park.

The factory will manufacture high-efficiency industrial motors rated at under 100 horsepower, plus spare parts. It was started construction on April 2009 and officially put into operation by the end of September to meet growing demand for this product on the global market.

Toshibas new factory manufactures high-efficiency industrial motors to meet growing demand for this product on global market

The cost for developing the eight-hectare factory and auxiliary facilities and manufacturing equipment is estimated at US$70 million.

When the new facility’s production is in full steam in 2015, it will be able to manufacture up to 1.2 million high-efficiency industrial motors a year.

The factory’s products will be mainly exported to North America. It will subsequently start exports to China, Southeast Asia and Japan, toward achieving a sales target of around US$400 million by 2015.

Alongside Toshiba’s three existing manufacturing bases, Toshiba Industrial Products Manufacturing Corporation in Japan, Toshiba Dalian Co., Ltd. in China, and Toshiba International Corporation in the United States, the new factory will help form a manufacturing and sales system serving the global market.

Reported by T.Trang