November 21, 2008

Sankyo Tateyama to expand non construction light metal business

JMB reported that Sankyo-Tateyama Holdings tries to expand aluminum and light metal businesses other than construction materials for next growth.

As per report the firm targets JPY 100 billion of annual sales for the businesses in 5 years from JPY 51 billion for the year ending May 2008.

The report added that the firm eyes consolidation of Sankyo Material, which makes light metal products for other than construction, and Toyama Alloy, which makes aluminum billet. The firm tries to streamline the business to improve the efficiency.