OSG Group

OSG will construct a new building at its Shinshiro plant in Aichi Prefecture, starting operations in early 2020. The investment is about 60 billion yen. The new building will produce carbide drills and taps, consolidating production from other plants.

OSG Group, a global leader in cutting tools, became the major shareholder of SMOC INDUSTRIES by acquiring 55% of its shares, expanding its sales proposition to the aerospace market and strengthening positions between France and Asia.