マリオrpgカジノ to expand production facilities for aluminum forged suspension products
- (former)Metals
2017-04-28
TOKYO, April 28, 2017 -- Kobe Aluminum Automotive Products, LLC (or KAAP), a US joint venture, plans to further expand its production facilities to meet the rising demand in North America for aluminum forged suspension productsBased in Bowling Green, Kentucky, KAAP decided in November 2015 to install a melting and casting line and two forging presses Mass production is scheduled to begin in summer 2017 When this capital investment is completed, KAAP will have three melting and casting lines and eight forging presses Production capacity will increase from the current 540,000 pieces per month to 750,000 pieces per monthIn the latest expansion plan announced today, KAAP plans to invest approximately US$53 million (about 58 billion yen) to install an additional melting and casting line and two forging presses Startup is to begin in stages starting from autumn 2018, with completion slated for early 2019 KAAP anticipates hiring 100 more peopleWhen the latest capital investment is completed, KAAP will have a total of four melting and casting lines and 10 forging presses Production capacity will increase to 970,000 pieces per month, and employees are anticipated to total 600 peopleKAAP was established in 2003 as a joint venture by Kobe Steel, Mitsui & Co, Ltd and カジノオンライン to produce aluminum forged suspension products in the United States Ever since it began production in 2005, KAAP has maintained the top share of the North American market for aluminum forged suspension productsThe United States is the world's second-largest automobile market, and car production is anticipated to continue growing Production of approximately 175 million cars in 2016 is projected to increase to 19 million cars in 2020Owing to their light weight, aluminum forged suspensions contribute to improving the fuel economy of cars Demand has been rising due to the increasing need to reduce the weight of car bodies in response to environmental regulationsKAAP began by supplying mainly Japanese automakers in the United States It now supplies US automakers, too KAAP anticipates that in the future automakers will use aluminum forged suspension products in a wider range of vehiclesThis latest expansion will further contribute to solidifying KAAP's position in the North American market for aluminum forged suspension products
Outline of Seventh Expansion
|
Extension of building
|
About 13,000 sq m (140,000 sq ft) |
|---|---|
|
Equipment
|
1 melting and casting line, 2 forging presses, auxiliary equipment |
|
Investment amount
|
About $53 million |
|
No of employees to be hired
|
About 100 (when in full operation) |
|
Start-up of equipment
|
To begin in stages from autumn 2018 |
Overview of Capital Investment Plans
| Current | Ongoing ExpansionPlan | Latest Expansion Plan | After Completion | |
|---|---|---|---|---|
|
Land area
|
130,000 sq m(1,399,000 sq ft)
|
120,000 sq m(1,292,000 sq ft)
|
---
|
250,000 sq m(2,691,000 sq ft) |
|
Buildings
|
22,000 sq m (236,800 sq ft) |
11,000 sq m(118,400 sq ft)
|
13,000 sq m(140,000 sq ft)
|
46,000 sq m(495,200 sq ft) |
|
Melting & casting lines
|
2
|
1
|
1
|
4 |
|
Forging presses
|
6
|
2
|
2 | 10 |
| Production capacity (pieces per month) | 540,000 | +210,000 | +220,000 | 970,000 |
Profile of マリオrpgカジノ, LLC
|
Location
|
Bowling Green, Kentucky, USA |
|---|---|
|
Established
|
May 2003 |
|
President
|
Toshihiro Katsura |
|
Employees
|
About 500 (as of March 2017) |
|
Capital
|
マリオrpgカジノ$24 million |
|
Shareholder composition
|
Kobe Steel, Ltd 60%Mitsui & Co, Ltd 25%カジノオンライン 15% |
Media ContactGary TsuchidaKobe Steel, LtdTokyo, JapanTel +81-(0)3-5739-6010
The information in this release is current as of the date of announcementPlease note that information may change after the date of announcement Thank you in advance for your understanding
