|By Business Wire||
|February 28, 2013 04:36 AM EST||
Azbil Corporation (TOKYO:6845) has announced that to establish globally-optimized logistics and reorganize its production structure to strengthen technical response capabilities according to regional characteristics, it has established a manufacturing subsidiary, Azbil Production (Thailand) Co., Ltd., in Thailand on Feb. 20, 2013 and completed its registration. This subsidiary will join the main manufacturing sites of the azbil Group, which are located in Japan, China, and Saudi Arabia, to build up the group's structure to provide design, production, and engineering service near the customers' sites which are expanding globally.
Azbil Production (Thailand) was established in Amata Nakorn Industrial Estate in Chonburi, Thailand for the manufacture of digital indicating controllers for Industrial Automation and Building Automation. In order to promptly begin operation after the company's establishment, Azbil Production (Thailand) is renting the site and building as the first step, and is scheduled to commence operation in the summer of 2013. It will start operation with about 50 employees, on a rented site area of approx. 2,500m2 and factory floor area of approx. 1,300 m2. The production amount is forecast to be 200 to 300 million yen in the first year and several billion yen in three years.
Simultaneously Azbil will review its production structure in China. Azbil Control Instruments (Dalian) Co., Ltd. in Dalian will strengthen its design function, as well as accelerate competitive procurement to reduce material costs and other costs. Moreover, it will broaden manufacturing items of industrial and HVAC control valves, positioners, limit switches, etc.
While reorganizing production structures in Thailand and China, Azbil will reorganize its production structure in Japan. Its Hadano Factory in Kanagawa will stop production by fall 2013, and its functions will be transferred and consolidated to other domestic factories and overseas factories, etc.
Founded in 1906. Azbil Corporation pursues "human-centered automation," which aims to contribute to people's safety, comfort and fulfillment and also to global environmental preservation. In April 2012, Azbil Corporation has changed its name from Yamatake Corporation.