Maruichi Steel Tube and Toyota Tsusho to build steel tube plant in Philippines

Maruichi Steel Tube and Toyota Tsusho will jointly establish a subsidiary in Malvar, Batangas, Philippines, to manufacture steel tubing for motorcycle and automotive parts. The investment is US$14 million, with operations planned to start in spring 2019.

“MKK and Toyota Tsusho have decided to jointly establish a local corporation and construct a steel tube making factory in the outside of Manila.”toyota-tsusho.com

• 1 source
• toyota-tsusho.comNotice of Establishment of Steel Tube Manufacturing Base in the Philippines | Toyota TsushoDec 7, 2017

Summarized from public sources; check the original articles before acting on it.