Tsubaki establishes sales company dealing in machine parts for general industrial use in South Korea
2014/03/28
Tsubakimoto Chain (Headquarters: Osaka, Japan. President: Isamu Osa) has established a sales company (Tsubakimoto Korea Co., Ltd.) in Seoul, South Korea, as part of its efforts to boost sales in the East Asian region. The new company will begin operations on April 1 as a wholly-owned subsidiary of Tsubakimoto Chain.
Purpose
In South Korea, Tsubaki will increase orders through proactive investment in engineering sales, focusing on key industries such as machine tools, FPDs (flat panel displays), automobiles, and the food industry.
Outline of Subsidiary
- Name:
Tsubakimoto Korea Co., Ltd. - Location:
Seoul, Republic of South Korea
(#1004,1005 East Wing, Hanshin Intervalley 24. 707-34,
Yeoksam-dong, Gangnam-gu, Seoul, Korea) - Start of operations:
April 1, 2014 - Capital:
7 million won (approximately 66 million yen) - Capital investor:
Tsubakimoto Chain, Co. – 100% - Initial number of employees:
7 - Description of business:
Import and sale of machine parts (Chain and Power Transmission Units and Components products) for general industrial use
