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MITSUBISHI MOTORS Announces Large-Scale Investment in Mizushima Plant
July 28, 2020 | ACN NewswireEstimated reading time: Less than a minute
MITSUBISHI MOTORS CORPORATION (MMC) announces that it will invest for production of new electric Kei-cars at Mizushima Plant in Kurashiki city, Okayama Prefecture starting from August 2020. This investment will be approximately JPY 8 billion.
MMC is considering of developing the new electric Kei-car jointly with Nissan Motor Co., Ltd. (Nissan), an Alliance partner, and the vehicle is planned to be manufactured at Mizushima Plant. The investment will be made in:
- The establishment of assembly and inspection equipment for the drive battery, which will be newly adopted,
- The expansion of stamping, welding and painting assembly facilities following a shift to in-house production of drive battery cases, and
- The line expansion for manufacturing EV platforms.
Leveraging the grants from Okayama Prefecture, MMC is going to establish production capabilities by this investment, which will be partly borne by Nissan.
MMC continues its efforts in promoting electric vehicles collaborating with municipalities in Okayama Prefecture and the Renault-Nissan-Mitsubishi Alliance.
Suggested Items
Revolutionizing Supply Chain: The Cofactr Solution
02/19/2025 | Marcy LaRont, I-Connect007Cofactr was co-founded by Phillip Gulley and Matthew Haber, originally as a small PCB assembly house. Recognizing a greater need, they transformed Cofactr into a supply chain execution platform that automates and optimizes manufacturing processes. The company integrates early design data with supply chain information to identify potential issues, provide risk abatement, and streamline procurement. I met with Phillip at DesignCon and asked him to walk me through the company’s background. He explained how Cofactr helps companies ensure compliance and achieve efficient material management, allowing engineering teams to focus on design rather than logistics.
Collaborative Robots: Shaping the Future of Automation
02/19/2025 | Transparency Market ResearchCollaborative robots, or cobots, have revolutionized the way industries approach automation. Unlike traditional robots, which require safety cages and are separated from human workers, cobots are designed to work safely alongside humans. This fundamental shift allows businesses of all sizes to harness automation in a flexible, cost-effective, and scalable manner.
Tel-Instrument Electronics Corp. Reports Financial Results For Third Quarter FY 2025
02/18/2025 | BUSINESS WIRETel-Instrument Electronics Corp. (“Tel-Instrument,” “TIC,” or the “Company”), a leading designer and manufacturer of avionics test and measurement solutions, today reported a net loss of $456K ($0.17) per basic and per diluted share, on revenues of $2.97 million for the third quarter of 2025 fiscal year, ended December 31, 2024.
EIPC 2025 Winter Conference: Business Outlook and New EMS Opportunities
02/18/2025 | Pete Starkey, I-Connect007“Navigating and Optimizing Complex Processes: How to Overcome Today’s and Tomorrow’s Challenges in PCB Processing” was the theme of the 2025 EIPC Winter Conference, held Feb. 4–5, in historic Luxembourg City, the capital of Luxembourg, a small country in the heart of western Europe with borders to Belgium, France, and Germany. EIPC president Alun Morgan welcomed delegates from more than 70 companies in Europe and beyond, and thanked the sponsors of the event. Morgan can always be relied upon for a topical opening presentation. This time, he addressed “Internet of Things: Vulnerabilities and How to Address Them.”
SolderKing Doubles Facility to Meet Growing Demand
02/18/2025 | SolderKingSolderKing, a leading UK manufacturer of soldering materials, has expanded its operations by doubling its facility. The move follows a significant rise in export sales throughout 2024 and reinforces the company’s position as a key supplier of regulatory-compliant soldering solutions across the UK and Europe.