Tsubakimoto Kogyo Co., Ltd. Announces Delivery Agreement for Polarizer Production Equipment
December 07, 2023 at 01:00 pm IST
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Tsubakimoto Kogyo Co., Ltd. announced that it has reached an agreement with the customer regarding the announcement of the conclusion of a contract for the delivery of the manufacturing equipment for polarizing film as follows. Demand for large polarizing films for liquid crystal display TVs is expected to continue in China. Based on the capital investment plans of the following customer in anticipation of such demand, the Company received an order for the delivery of the manufacturing equipment for polarizing film.
Outline of the Agreement: Customer/Delivery destination: Name: Hengmei Optoelectronic Corporation (Kunshan City, People's Republic of China); Business description: Development, manufacture, and sale of polarizing films and other optical functional films and related products; Equipment to be delivered: The manufacturing equipment for polarizing film; Contract price: Not disclosed (based on the agreement with the customer); Delivery schedule: Sequentially until around September 2025.
TSUBAKIMOTO KOGYO CO.,LTD. is a Japan-based company mainly engaged in the sale of automated and labor-saving products such as machine parts and transport equipment. The Company operates in three business segments. The East Japan Headquarters segment and West Japan Headquarters segment provide various drive components such as transmissions and reduction gears, various transport components such as conveyor chains, control devices, various sensors, electronic devices, other transmission devices, clean energy-related equipment, pharmaceutical-related equipment, chemical machinery, water treatment equipment, food machinery, other environmental equipment, machine tools, industrial robots, various conveyors, various automation equipment and automatic sorting equipment. The Development Strategy Division segment provides various nonwoven fabrics, processed products, various synthetic resin molding machines and molded products, and functional materials overseas.