Thursday, March 16, 2006

Musashi launch major expansion in Indonesia

PT Musashi Auto Parts Indonesia (MAP-IN), a subsidiary of Musashi Seimitsu Co. Ltd, Japan, is conducting a major expansion project in Indonesia with additional investment of US$85 million.
According to the data from Investment Coordinating Board (BKPM), MAP-IN's new facilities includes main shaft for two-wheelers (1.5 million units), camshaft for two-wheelers (1.8 million sets), two-wheelers transmission gears (2.4 million pcs), and spindle kick stater (2.78 million sets) and will create 123 new jobs.
Musashi is one of the largest auto parts producer in the world with combined net sales of 107.24 billion yen in 2005. MAP-IN was established in March 1996 producing transmission gears, shafts, and chamshafts.

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