2012/07/31
We are going to establish the affiliate company in Indonesia for the purpose of supplying our welded stainless pipe to the market of automobile parts‚ which is growing in the country. The new company’s profile is as follows.
Corporate Profile
(1)Company Name : PT. MORY INDUSTRIES INDONESIA
(2)Location : Karawang Regency‚ West Java‚ Indonesia
(3)President and CEO : Kenichi Kawashita
(Current director of Auto Metal Company Limited in Thailand)
(4)Main Business : production and distribution of welded stainless pipe
(5)Capital : USD 15.000.000
(6)Establishment Date : September 2012
(7)Beginning of Operation : September 2013
(8)Investment Ratio : PT. MORY INDUSTRIES INDONESIA 90%
JFE SHOJI TRADE CORPORATION 5%
PT. JFE SHOJI STEEL INDONESIA 5%