Consolidated subsidiary of Tsubakimoto Chain acquires manufacturing and sales company in Canada
2016/12/08
Strengthening Manufacturing and Sales in North America
In an effort to strengthen manufacturing and sales in North America, Tsubakimoto Chain Co. (Headquarters: Kita-ku, Osaka, Japan; President: Yasushi Ohara), through its wholly owned subsidiary Tsubaki of Canada Limited, has acquired Dia-Saw Manufacturing Ltd., a sprocket manufacturing and sales company located in Vancouver, Canada.
Through this acquisition, we will be able to take hold of a manufacturing facility in Western Canada where one of the main industries, the forestry industry, is concentrated. We will also be able to expand sales of MTO/altered sprockets and mill chain by offering short-term delivery through local manufacturing and offer more meticulous sales and technical services to the local customers in the region.
Outline of Acquired Company
- Name:
Dia-Saw Manufacturing Ltd. - Location:
Vancouver, British Colombia, Canada - Share acquisition date:
December 1, 2016 - Investor:
Tsubaki of Canada Limited 100% - Number of employees:
9 - Principal business:
Mainly the manufacture and sale of sprockets and related components
