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| To Expand Production Capacity for Refrigerators and Washing Machines |
Osaka, Japan, Mar 15, 2012 - (ACN Newswire) - Sharp Corporation announces that P.T. Sharp Electronics Indonesia (SEID) - Sharp's production and sales subsidiary based in Jakarta, Indonesia - is expanding production capacity for refrigerators and washing machines. The new production facility will be built in Karawang International Industrial City (KIIC) in Karawang, West Java Province.
Domestic consumption has been growing steadily in the Indonesian market in concert with economic development, and further market expansion is expected in the future. With the construction of this new plant, Sharp will expand production capacity for refrigerators and washing machines, and will work to grow its business in the Indonesian market and further enhance the Sharp brand image.
Overview of New Plant
Company name: P.T. Sharp Electronics Indonesia (SEID)
Business: Manufacture and sales of refrigerators and
washing machines
Representative: Fumihiro Irie, President
Planned site: Karawang International Industrial City (KIIC),
Karawang, West Java Province, Republic of Indonesia
Production volume: Refrigerators: 220,000 units/month;
Washing machines: 140,000 units/month
Capitalization: Approx. 1,200 billion rupiah (about 10.7 bil yen)
Ownership: 100% wholly owned by SEID
Start operations: During 2013
Contact:
Corporate Public Relations Division
Sharp Corporation
Phone: +81-6-6625-3006 (Osaka)
Phone: +81-3-3260-1870 (Tokyo)
Topic: Construction of Facility
Source: Sharp Corporation
Sectors: Consumer Electronics, Daily News
http://www.acnnewswire.com
From the Asia Corporate News Network
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