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Japan Komatsu Foundry Investment Increase China Meets the Needs of Emerging Market Countries
The latest news: "Demand from China is increasing, we hope to work hard to stabilize the supply of construction machinery parts." Takeshi Sato, president of Komatsu Foundry Co., Ltd., is very optimistic about the Chinese market. Recently, he has decided to increase his investment in its subsidiaries in China. According to the news from Japan's "Beiguo News", Komatsu Foundry Co., Ltd., headquartered in Bingjian City, Fushan County, Japan, plans to increase the production capacity of Komatsu (Changzhou) Foundry Co., Ltd., which is invested in China in 2011. Komatsu (Changzhou) Foundry Co., Ltd. mainly produces transmission parts and hydraulic drive reducer parts, etc. This Komatsu Foundry Plan will increase the professional casting production line from one to two, the production capacity from 2300 tons per month to 4300 tons, and accordingly increase personnel and total investment. Komatsu Foundry hopes to strengthen overseas foundry bases under Komatsu Group while meeting the growing demand for construction machinery in emerging market countries such as China. Komatsu Group plans to maintain a certain amount of stable production in its factories in Japan. For the fluctuation caused by the change of economic situation and the growth of demand, the output of overseas bases will be adjusted. Operating costs have declined to varying degrees. Therefore, the National Development and Reform Commission has decided to reduce the high drug prices in stages and batches in accordance with the changes in drug costs and market supply and demand, in order to further reduce the burden of medical expenses on the masses.