TDK, a major comprehensive electronic components manufacturer, announced that it had acquired the former JS Foundry site in Ojiya, Niigata Prefecture, and would build a new factory with an investment of approximately ¥100 billion, targeting operations in 3 years. It also plans to establish a two-location production system comprising the Shinanogawa Techno Plant and the Asama Techno Plant to strengthen its production system.
TDK, a major comprehensive electronic components manufacturer, disclosed plans to acquire the former JS Foundry site in Ojiya and build a new factory with an investment of approximately ¥100 billion. Operations at the new factory are targeted to begin in 3 years.
The new factory will strengthen development of TMR magnetic sensors and establish a full-scale mass production system. The building will have a floor area of 132,075 square meters, creating a two-location system together with the Shinanogawa Techno Plant. Production volume is expected to double in 5 years, in 2031.
TDK plans to make production at the Shinanogawa Techno Plant the center of its magnetic sensor products manufacturing operations, and will establish its manufacturing system together with the Asama Techno Plant in Nagano Prefecture.
Ojiya Mayor Etsuo Miyazaki (宮崎 悦男) expressed the expectation that the major investment would make a significant contribution to revitalizing the economies of the city and prefecture, and stated his intention to continue working with the company.