ERJ staff report (DS)
Tokyo - Tokai Rubber Industries, Ltd. is to re-vamp its sales system for industrial hoses. Tokai's industrial hose unit makes and sells fluid pressure hoses for hydraulic equipment and has been growin on the back of sales of construction equipment destined for China. From January 2008 the company opened a plant making high-pressure hoses in China as a Japanese company.
In addition, from 1 October, Tokai set up â€œTRI Hose Sales Ltd.â€ which specializes in the sales of industrial hoses. it anticipates further expansion of operations by utilizing those production bases to reinforce sales and supplying systems. As part of the re-structuring, TRI Fabrication Service Osaka Ltd., which is an industrial hose assembly company, will absorb Tokai Rubber Sales Kita-Nippon Ltd. and Tokai Rubber Sales Nishi-Nippon Ltd. and remain as the post-merger company.
The sales activities by absorbed companies; Tokai Rubber Sales Kita-Nippon, Ltd. and Tokai Rubber Sales Nishi- Nippon, Ltd., on products related to our Industrial Products and Materials Business Unit, will be taken over by Tokai's Industrial Products and Materials Business Unit.
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Press release from Tokai