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New Operation Starts at Kasai Minami Industrial Complex
- 2.5 billion yen investment, Operation commencement in April next year -

August 15th, 2005
Our company Kotani (Nakano-cho, Kasai-shi), a manufacturer of forged parts for auto-related bearing, driving gear, joint, etc. announced our plan to build a new plant at Kasai Minami Industrial Complex (Abiki-cho, Kasai-shi), and the MOU for the lease of the premises between Land Development Corporation and us was signed on July 29th at the City Hall in the presence of Mayor Nakagawa.

Established in 1974, we have the capital of 326.4 million yen and the annual sales of 10 billion and 50 million yen (as of March this year), and 255 employees. Our new project involves the site of approximately 24,670 square meters, the building area of 4,522 square meters, the total investment of 2.5 billion yen and estimated 25 new employees. We are planning to start its construction in September this year and to commence its operation in April in 2006.

Mayor Nakagawa expressed his appreciation to us selecting the site, and sent us his encouragement to our further development and success. Our president Kotani made a remark saying “Our new plant requires us a new challenge. Although we were invited by many other cities to build this plant, we decided to build it here because we are a local company and wanted to contribute to the city’s development.”

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