Nitto Kohki Co., Ltd. announced that at its board meeting held on November 29, 2022, approved to construct and then open a new plant on the site in April 2025. Outline of new plant site and construction plan: Site (location): 1-1, Miyanoshita, Ozaso-aza, Fukushima-shi, Fukushima etc; Site seller: Fukushima-shi; Site purchase method: Application to sale by public offering; Business activities: Manufacture of door closers, electric screwdrivers delvo, power & machine tools, quick-connecting couplings CUPLA, and pumps & compressors; Site area: 28,183 m2; Total floor area: 19,934 m2; Building structure: Three-story steel frame; Investment amount: Approximately JPY 11.2 billion. Planned contract date: June 2023; Construction start date: July 2023; Construction completion date: End of October 2024; Start of operation at new plant: April 1, 2025.