Tomoe Engineering Expands with New Factory in Kanagawa

TOMOE ENGINEERING CO LTD (TOMOE KOGYO CO LTD) (JP:6309) has released an update.

Tomoe Engineering Co., Ltd. has announced plans to acquire a new industrial site in Kanagawa to build a factory for manufacturing large-size centrifuges, aiming to meet growing overseas demand. The investment, valued at approximately 2.2 billion yen, will be financed through the company’s own funds and is expected to be completed by March 2027.

For further insights into JP:6309 stock, check out TipRanks’ Stock Analysis page.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Tags

More Related Articles

Info icon

This data feed is not available at this time.

Data is currently not available

Sign up for the TradeTalks newsletter to receive your weekly dose of trading news, trends and education. Delivered Wednesdays.