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Okabe Co., Ltd. to Establish New Wholly Owned Subsidiary; New Subsidiary to Takeover Business from NIPPON INDUSTORY CORPORATION

Monday, 25 Jun 2012 03:30am EDT 

Okabe Co., Ltd. announced that it will establish a new wholly owned subsidiary, which will be engaged in the manufacturing, sale and related businesses of civil engineering and construction materials in Osaka, Japan, in July 2012. The new subsidiary will be capitalized at JPY 300,000,000. After that, the new subsidiary will acquire the manufacturing and sale businesses of insert and spacer products from NIPPON INDUSTORY CORPORATION, which is engaged in the manufacturing and sale of metal products for construction use in Osaka, Japan, effective August 17, 2012. 

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37.0 +2.63%
16 Apr 2014