Brief: Kaga Electronics To Build New Mexican Parts-Assembly Plant - Nikkei

Kaga Electronics

15/08/2023 18:52

Aug 15 (Reuters) - NIKKEI:
    * KAGA ELECTRONICS TO BUILD NEW MEXICAN PARTS-ASSEMBLY PLANT
    * KAGA ELECTRONICS WILL SPEND 5 BILLION YEN TO BUILD A PLANT
IN
MEXICO 
    * KAGA ELECTRONICS AIMS TO MULTIPLY ANNUAL REVENUE FROM
MEXICO BY
ABOUT SEVEN TIMES TO 50 BILLION YEN BY APRIL 2029 
    * KAGA ELECTRONICS' NEW FACTORY IS SLATED TO START
OPERATIONS NEXT
APRIL
    * KAGA ELECTRONICS PLANS TO BRING IN 150 BILLION YEN IN
REVENUE
FROM CONTRACT MANUFACTURING SEGMENT IN FY25 
    * KAGA ELECTRONICS WILL SHUT DOWN ITS OLD PLANT AND
INTEGRATE
OPERATIONS INTO NEW PLANT IN MEXICO 


Further company coverage:  8154.T 

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