Announcement of Construction of New Plant at NTN Fukuroi Corp.
NTN Corporation (hereafter, NTN) hereby announces that NTN Fukuroi Corporation (hereafter, NTN Fukuroi) that produces constant velocity joints (hereafter, CVJ) has started construction of a new plant.
1. Aim of construction of the new plant
NTN has been reorganizing its global production system as part of the two-year mid-term management plan “Revival 2014” that began in April 2013. Based on the ‘on local site with local materials by local personnel’ concept, NTN is expanding production overseas that are experiencing increased demand with the aim of establishing a production system that is not easily affected by exchange rates. Meanwhile, production of product types that are mass-produced in Japan is being shifted to newly established subsidiaries as part of risk diversification and productivity improvements with the state-of-the-art ‘Monozukuri.’
NTN Fukuroi was established in 2006 as a production plant for CVJ. Equipped with the latest in ‘Monozukuri,’ including the use of robots and processing methods that do not use oil, the company manufactures products for Japanese car makers as an environmentally friendly plant incorporating wind and solar power generation in a proactive manner.
Construction of a second plant at NTN Fukuroi was finalized as part of reorganization of the production system in Japan to be able to respond in a flexible manner to demand in Japan in a time that demand for automobiles increases worldwide.
2. Overview of the new plant building at NTN Fukuroi Corporation
| (1) |
Location: |
1959 Midori, Fukuroi-shi, Shizuoka Prefecture, Japan |
| (2) |
Site area: |
approximately 10,000 m2 |
| (3) |
Employees: |
approximately 70 (planned) |
| (4) |
Start of construction: |
December 2013 |
| (5) |
Start of production: |
May 2014 (planned) |
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Completed image of new plant
(building at rear)
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3. Overview of current NTN Fukuroi Corporation
| (1) |
Location: |
1959 Midori, Fukuroi-shi, Shizuoka Prefecture, Japan |
| (2) |
Line of business: |
production and sales of completed CVJ and component parts |
| (3) |
Established: |
July 2006 |
| (4) |
Capital: |
1.5 billion yen |
| (5) |
Investment ratio: |
NTN 100% |
| (6) |
Site area: |
77,000 m2 |
| (7) |
Total floor area: |
approximately 17,100 m2 |
| (8) |
Employees: |
approximately 150 |
[ Reference ]
About CVJ
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A CVJ is a part that transmits the power of an automobile engine's rotation smoothly and constantly to the vehicle's tires, and is always used in front-wheel drive and four-wheel drive vehicles. The CVJ is a key part that greatly affects a vehicle's fuel consumption and the quietness and comfort of the ride. These aspects of automotive performance are constantly in high demand.
In addition to automobile driveshafts, CVJs are also widely used for propeller shafts and steering shafts.
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