Asahi Tec to spin off aluminum business  [ Japan ]

Asahi Tec Corporation announced that it will spin off its in-house company, which handles aluminum products, as a new wholly-owned subsidiary effective May 2, 2016. Through this plan, Asahi Tec aims to improve the competitiveness of its aluminum business and strengthen collaboration with its aluminum die-casting plant in Thailand. Capitalized at JPY 10 million, the new company will be engaged i...
<Mar 28, 2016>