# ITM to build new factory boosting metal parts capacity by 30%

ITM Corporation (ITM) will build a new factory on its headquarters site in Ishikawa Prefecture, Japan, to increase production capacity for metal parts used in buses, trucks, and construction machinery by 30%. The expansion aims to meet growing demand from increased tourism and e-commerce.

- Type: Expansion
- Announced: 2017-08-30
- Where: Kawakita, Ishikawa, Japan
- Status: announced
- Capacity: 30% increase in processing capacity
- Products: metal parts for buses, metal parts for trucks, metal parts for construction machinery
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md), [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [ITM Corporation](https://endata.com/companies/26630.md)

## Sources

- [nikkei.com](https://www.nikkei.com/article/DGXLASJB28HAU_Z20C17A8LB0000/), 2017-08-29: "本社敷地内に新工場を設けて3工場体制とし、加工能力を3割増やす"

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.