FUKOKU established a new plant for automotive components in the Czech Republic, starting operation in 2015 (Reuters, 24.12.2013)

A Japanese company Fukoku, a producer of automotive rubber components, announced an establishment of its first European production site in the Czech Republic. (Fukoku Czech s.r.o.) Fukoku will produce resin products used in steering and supply to the Czech plants of Japanese automotive components manufacturers. Total investment amount will be 0.3 billion JPY, and operation is set to be started in autumn 2015. The Czech entity is to be established in March 2014.

The new plant locates in Usti region close to German border. Fukoku will start production only with 10 employees on the first stage – in the future plan, however, this Czech plant will be the main hub for their business in Europe, producing not only the resign products but also seal components which prevent oil leak of piston and rubber components which reduce vibration and noise of cars.

For more info, please visit FUKOKU CO., LTD.