Brief: NSK Ltd plans to realize 14 bln Yen in annual savings by FY 2018 - Nikkei

NSK

15/08/2016 19:17

Aug 15 (Reuters) - Nikkei: 
    * NSK Ltd plans to realize 14 bln yen in annual savings by 
fiscal 2018 via rationalizing production in its industrial 
machinery segment - Nikkei 
    * NSK ltd will build a new factory on the premises of the 
kirihara plant in Fujisawa, Kanagawa Prefecture - Nikkei 
    * Nsk Ltd's construction of new factory will begin this 
month, with the facility slated to go operational in fiscal 2017 
- Nikkei 
    * Nsk Ltd's production of bearings for large industrial 
equipment as wind turbines,railways will move to new location 
from another plant in Fujisawa - Nikkei 
    * Nsk Ltd aims to generate savings equivalent to 20 pct of 
facilities' annual sales in three years, while restructuring 
will cost about 10 bln Yen - Nikkei 
 
Source text for Eikon:  ID:nNen2H4z8Q  
 
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