Murata and Shizuki to Establish Joint Venture
Murata Manufacturing Co., Ltd. (TOKYO:6981) (ISIN:JP3914400001) today announced that Murata has signed an agreement to establish a joint venture company with Shizuki Electric Co., Inc. This joint venture will specialize in the development and manufacturing of high temperature film capacitors (HTFC) mainly for automotive applications.
Murata and Shizuki have started R&D and sales collaboration already some years ago, and the establishment of a joint venture is the next step to deepen the successful collaboration. By combining Murata’s deep expertise in materials technologies, resources and extensive global sales network with Shizuki’s know-how in film capacitor manufacturing this joint venture enables both companies to expand their business within power electronics for the automotive market, to further develop next generation HTFCs and to offer new value to customers worldwide.
The new company owned 65% by Murata, and 35% by Shizuki, will be based in Akita, Japan. The start of the operations is estimated for the beginning of October 2016.
About Shizuki Electric Co., Inc.
Established: March 1939
Sales: 21,728 million yen (as of March 31, 2016)
Business: Manufacture and sale of capacitors and related equipment and facilities, electrical machinery and equipment, and information equipment.
Number of employees: 1,295 (as of March 31, 2016)
About Murata Manufacturing Co., Ltd.
Established: October 1944
Sales: Consolidated basis: 1,210,841 million yen (as of March 31, 2016)
Business: Design, manufacture and sale of ceramic-based passive electronic components and solutions, communication modules, power supply modules, and other.
Number of employees: 54,674 (as of March 31, 2016)
Murata Manufacturing Co., Ltd.
Taku Makino, +81-75-955-6786
Corporate Communications Office
Information om Business Wire
101 California Street, 20th Floor
CA 94111 San Francisco
Følg pressemeddelelser fra Business Wire
Skriv dig op her og modtag pressemeddelelser på mail. Indtast din mail, klik på abonner og følg instruktionerne i den udsendte mail.
Flere pressemeddelelser fra Business Wire
SCHLUMBERGER-LIMITED20.7.2018 13:02 | pressemeddelelse
Schlumberger Announces Second-Quarter 2018 Results
FL-H.I.G.-CAPITAL19.7.2018 21:52 | pressemeddelelse
H.I.G. Capital Announces the Sale of KidsFoundation
SIG-COMBIBLOC-GROUP19.7.2018 18:03 | pressemeddelelse
SIG Combibloc Group Holdings S.à r.l.: 2018 Second Quarter Results
FL-NEORIS19.7.2018 17:34 | pressemeddelelse
NEORIS Announces Creation of Innovation Labs Worldwide to Create a Smarter Future
CQN-FLEXTRADE19.7.2018 17:31 | pressemeddelelse
CORRECTING and REPLACING Albar Capital Deploys FlexNOW
PA-WESTINGHOUSE-ELECTRIC19.7.2018 15:27 | pressemeddelelse
Full Core of Westinghouse Fuel Achieved at South-Ukraine Nuclear Power Plant Unit 3
I vores nyhedsrum kan du læse alle vores pressemeddelelser, tilgå materiale i form af billeder og dokumenter, og finde vores kontaktoplysninger.Besøg vores nyhedsrum