Nippon Electric builds RI plant<\/p>\n
CIKARANG, West Java (JP): PT Nippon Electric Glass Indonesia
\nwill invest US$300 million in a plant which will produce five
\nmillion cathode-ray tubes here, the company's president, Masao
\nYamahashi, said yesterday.<\/p>\n
\"We will initially invest $80 million to develop the first
\nstage of the industry,\" Yamahashi said after the ground-breaking
\nceremony for the plant in a 20-hectare area in the Jababeka
\nindustrial estate.<\/p>\n
Yamahashi (left in the picture above) received a piece of the
\ntraditional rice cone from Kiyosaku Kishida, president of Nippon
\nElectric Glass, after the ground breaking ceremony.<\/p>\n
Yamahashi said the company is 70 percent owned by Nippon
\nElectric Glass, 20 percent by Sumitomo Corporation and 5 percent
\nby PT Bukaka, a local company.<\/p>\n
Cathode-ray tubes are used for color television, computer
\ndisplays and monitors for factory automation, medical and radar
\nequipment.<\/p>\n
He added that the plant will eventually become the biggest in
\nSoutheast Asia after the Nippon Electric Glass factory in
\nMalaysia which has an annual capacity of 15 million cathode-ray
\ntubes.<\/p>\n
The Malaysian plant cannot be expanded because of a shortage
\nof manpower, he said.<\/p>\n
\"I am sure there is a large number of workers whom we can
\nemploy for our industry here,\" said Yamahashi, adding that he
\nwill employ 100 in the first phase.<\/p>\n
The company plans to export some of its products to Japan and
\nTaiwan.<\/p>\n
Deputy president of the Jababeka Industrial Estate, S.D.
\nDarmono, said that Nippon Electric Glass is the fourth major
\ninvestor at the 800-hectare estate after United Tractor, Unilever
\nand Dharmala Group. (kod)<\/p>",
"url": "https:\/\/jawawa.id\/newsitem\/nippon-electric-builds-ri-plant-1447893297",
"image": ""
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"sponsor": "Okusi Associates",
"sponsor_url": "https:\/\/okusiassociates.com"
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