Yokohama sets up high pressure hose unit Düsseldorf
ERJ staff report (DS)
Tokyo - The Yokohama Rubber Co., Ltd., said it has established Yokohama Industrial Products Europe GmbH as a hose assembly plant and sales/marketing operation in Düsseldorf, Germany. The new company's capital of 93,000 Euro was fully paid by Yokohama Rubber that expects the subsidiary to achieve sales of 1 billion yen after 3 years from now. The unit was officially set up in April 2009.
The new company will begin delivering high-pressure hoses to Japanese construction machinery makers in Europe in May this year. Its goal is to achieve just-in-time supply of high-pressure hoses and metal fittings by locally assembling them in cooperation with an European partner. Yokohama has already set up high-pressure hoses and metal fitting assembly plants in the United States, Thailand and China,
The new company will also approach the replacement market with the "Exceed" high-pressure hoses Yokohama Rubber had newly developed for sale in overseas. Exceed is compliant with the ISO 18752 international standard.
This is an external link and should open in a new window. If the window does not appear, please check your pop-up blocking software. ERJ is not responsible for the content of external sites.
Press release from Yokohama
This article is only available to subscribers - subscribe today
Subscribe for unlimited access. A subscription to European Rubber Journal includes:
- Every issue of European Rubber Journal (6 issues) including Special Reports & Maps.
- Unlimited access to ERJ articles online
- Daily email newsletter – the latest news direct to your inbox
- Access to the ERJ online archive