FUTABA – CANADA
April 1st, 2002
BY MONICA DOBIE, in MontrealJAPAN'S Futaba Industrial Co. Ltd. has signed a deal to purchase land in Canada's Stratford, Ontario, which will be home to a new plant making parts for Toyota automobiles. Kiyoshi Hina, its future plant manager, told the local Beacon Herald that the company will invest a total of US$20 million, employing about 70 employees. Futaba intends to make 33 different hard stamped components at Stratford for the Toyota Lexus RX3000, supplying the north American market. Parts production is expected to begin in September 2003. Mr Hina said is ...
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