Expansion into Mexico and Europe and the Construction of a Global Supply Network
First written in FY2016. 8 of 9 entries say "Advanced", first in FY2017-Q1. Latest entry: FY2024-Q1.
99 other companies' latest entry also says "Advanced".
- FY2024-Q1AdvancedAnnual report
「MSM Philippines Mfg.Inc. Calamba, Laguna, Philippines Springs Expansion of manufacturing equipment 185 April 2023 May 2024 Increase in production capacity ／ MSM Philippines Mfg.Inc. Calamba, Laguna, Philippines Springs Renovation of buildings and expansion of manufacturing equipment 104 April 2023 May 2024 Increase in production capacity」
At the Philippines site, expansion of manufacturing equipment and related work totaling ¥289 million was started in April 2023 and scheduled for completion in May 2024, giving concrete shape to the expansion of production capacity. Equipment development for the global supply network is continuing. - FY2022-Q3AdvancedAnnual report
「MSSC CANADA INC. Chatham, Ontario, Canada Springs New stabilizer manufacturing equipment 199 Expansion of production capacity」
At the Canadian site, stabilizer manufacturing equipment was acquired for ¥199 million to expand production capacity. - FY2021-Q3AdvancedAnnual report
「MSSC Ahle GmbH Lindlar, Germany Springs New building-related equipment 220 Expansion of production capacity」
At MSSC Ahle GmbH in Germany, new building-related equipment was acquired for ¥220 million to expand production capacity. Equipment development for the global supply network, including Europe, is progressing. - FY2020-Q2AdvancedAnnual report
「MSSC US INC. Hopkinsville, Kentucky, U.S.A. Springs Stabilizers New manufacturing equipment 114」
At the U.S. site, stabilizer manufacturing equipment was acquired for ¥114 million, implementing equipment development for the global supply network. - FY2019-Q2AdvancedAnnual report
「MSSC Ahle GmbH Lindlar, Germany Springs New manufacturing equipment 1,850 September 2018 April 2020」
At Ahle in Germany, the plan to install new spring manufacturing equipment at a cost of ¥1.85 billion, scheduled for completion in April 2020, took concrete shape, moving development of the global supply network, including Europe, into the investment execution phase. - FY2018AdvancedAnnual report
「On 12 April 2018, we acquired all shares of Gebrüder Ahle GmbH & Co. KG and made it a wholly owned subsidiary.」
Regarding expansion into Europe, the acquisition of all shares of the German spring manufacturer and its conversion into a wholly owned subsidiary was completed on 12 April 2018. - FY2017AdvancedAnnual report
「Overseas, we will continue to improve costs at existing sites in North America, China, India, the Philippines, and elsewhere, while rapidly putting the automotive stabilizer businesses and other operations at the newly established sites in Mexico and China on a sound footing. We will also consider Europe and other locations as potential new sites and work to expand sales globally.」
Expansion into Mexico was explicitly stated, while the launch of the stabilizer business in China and consideration of expansion into Europe have also taken concrete shape. - FY2017-Q1AdvancedAnnual report
「From the first quarter of the current consolidated fiscal year, the newly established MSSC MFG MEXICANA,S.A. DE C.V., as well as Maruchu Sangyo Co., Ltd. and Ryoki Engineering Co., Ltd., were included in the scope of consolidation to strengthen group management.」
The establishment of a new company in Mexico and its inclusion in the scope of consolidation marked concrete organizational progress in the company's expansion into Mexico. - FY2016First statedAnnual report
「We will expand the business and develop a global supply network by entering Mexico and newly expanding into Europe, as well as installing automotive stabilizer equipment at our site in China.」
The plan is to expand the supply network through the expansion of existing overseas sites, entry into Mexico and Europe, and equipment installation in China.