|
|
Article: Mori Seiki reinvests in Japan.(Company News in Brief)
- Article from:
- Metalworking Insiders' Report
- Article date:
- February 21, 2005
CopyrightCOPYRIGHT 2005 Gardner Publications, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
|
With China's machine-tool demand booming--drying up Chinese sources for machine parts--Mori Seiki has had to reinvest in equipment in its Japanese plants.
Interviewed at the opening of Mori Seiki's new United Kingdom technical center (Slough, U.K.), Mori Seiki president Dr. Masahiko Mori says, "Now Chinese consumption is so large, our Japanese plants' machine shops are having to invest in new machine tools to meet increased domestic demand." Until recently, many machine parts for Mori Seiki's three Japanese plants at Nara, Iga, and Chiba, had been produced at the company's Chinese plant, set up in 2001.
Mori comments that machine-tool consumption is ...