Nifco Kumamoto expands EV plastic parts factory

Nifco Kumamoto will invest about 300 million yen to strengthen production of plastic parts for electric vehicles at its existing factory in Kikuchi, Kumamoto, Japan. Construction started in July 2024, aiming to increase production capacity by about 20% and sales to 6.1 billion yen by the fiscal year ending March 2027.

“新しい車には新しい部品が必要。将来はさらなる売上高アップを目指す”nikkei.com

• 1 source
• nikkei.comニフコ熊本、EVプラ部品工場増強 売上高2割増めざす - 日本経済新聞Nikkei Inc.Jul 31, 2024

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