PHILIPPINES: Mitsuba plans new plant
Japan's Mitsuba Corporation is to build a new plant in the Philippines to manufacture pressed and moulded parts from next March, AutoAsia Online reported. The company expects to invest 700 million yen ($US5.8 million). The website said that Mitsuba's existing factory, run by a local subsidiary, makes wipers, wiper motors and horns and is nearing maximum capacity, prompting the expansion.
Get full access to all content, just $1 for 30 days
A Message From The Editor
just-auto gives its paid members access to the very best automotive market coverage.
And now there’s just-auto plus, our premium membership that gives you exclusive component forecast data, company profiles and extended news coverage - just for premium members.
Today I can offer you 30 days access for $1 - and that includes just-auto plus.
Dave Leggett, editor of just-auto
* plus VAT if applicable