Business Wire

Hitachi Metals to Introduce Harness Assembly Lines in Europe to Strengthen Its Rolling Stock Cable Business

Del

Hitachi Metals, Ltd. (hereafter, Hitachi Metals)(TOKYO:5486)(ISIN:JP3786200000) will introduce harness assembly lines for rolling stock wire and cables at its operation base in the Czech Republic in order to strengthen its system for offering solutions in the rolling stock cable business in Europe, with mass production planned to commence in October 2016.

1. Objective and overview

Hitachi Metals has been working to increase the profitability of its Cable Materials Business based on its three growth drivers of rolling stock, medical products, and automotive electrical components. In June 2016, production lines for manufacturing cables for rolling stock and industrial applications using Hitachi Metals’ proprietary technologies was introduced at an operation base in China to enhance the competitiveness of its rolling stock cable business.

Against this backdrop, Hitachi Metals will introduce harness assembly lines for rolling stock wire and cables at Hitachi Cable Europe s.r.o. in the Czech Republic—a location that offers convenient access to other European countries. As a result, the system for offering solutions will be strengthened in the European market (including the U.K., Germany, and France), where investments have actively been made to improve railway networks.

Electrical components have been increasingly employed in rolling stock to enhance safety and convenience. The wiring in rolling stock has become more complicated than ever before, resulting in increased difficulty when carrying out work.

Hitachi Metals not only manufactures rolling stock wire and cables but also offers solutions ranging from 3D wiring design service for rolling stock to harness assembly based on design data. The introduction of harness assembly lines at Hitachi Cable Europe s.r.o. will strengthen its system to offer solutions that help rolling stock manufacturers in Europe to reduce man-hours and the fabrication period.

Based on this investment and its global growth strategy in the rolling stock cable business, Hitachi Metals’ Cable Materials Business aims to achieve revenue of 14 billion yen in the rolling stock business by FY2018.

Hitachi Metals will exhibit the Hitachi Metals Group products for rolling stock and railway networks (e.g. rolling stock wires and cables) at InnoTrans 2016 (International Trade Fair for Transport Technology) to be held at Messe Berlin in Germany from Tuesday, September 20 to Friday, September 23, 2016.

2. Overview of Hitachi Cable Europe s.r.o.

Address   Prumyslova zona Triangle, Minice 60 Velemysleves, 438 01 Zatec, Czech Republic
Representative Toru Taniguchi, Executive Director (President)
Capital 200,000 CZK
Employees Approx. 90
Main production items Automotive electrical components, brake hoses
 

[Reference: InnoTrans 2016 (International Trade Fair for Transport Technology)]

Organizer   Messe Berlin GmbH
Period Tuesday, September 20–Friday, September 23, 2016
Venue Messe Berlin, Germany
Hitachi Metals booth Hall 10.1, Stand 212

Products to be exhibited
by Hitachi Metals

Rolling stock wire and cables, Extra high voltage rolling stock cable systems, Trolley wire, EMC filters, Rare-earth magnets for motors, Cores for distribution transformers, Cores for transformers/reactors, Cast iron products for bogies
Description One of the largest specialist exhibitions of rolling stock technology for passenger and cargo transport suppliers in the world, introducing state-of-the-art products and technologies to the industry.

Contact information

Hitachi Metals, Ltd.
Masayuki Yoshihara, +81-3-6774-3077
Corporate Communications

Om Business Wire

Business Wire
Business Wire
24 Martin Lane
EC4R 0DR London

+44 20 7626 1982http://www.businesswire.co.uk

Business Wire, a Berkshire Hathaway company, is the global leader in multiplatform press release distribution.

Følg saker fra Business Wire

Registrer deg med din epostadresse under for å få de nyeste sakene fra Business Wire på epost fortløpende. Du kan melde deg av når som helst.

Siste saker fra Business Wire

Celltrion Receives Positive CHMP Opinion for Herzuma® for Trastuzumab Biosimilar15.12.2017 22:13Pressemelding

Celltrion, Inc. (KOSDAQ: 068270) announced today that the Committee for Medicinal Products for Human Use (CHMP) of the European Medicines Agency (EMA) issued a positive opinion recommending that Herzuma® (trastuzumab biosimilar) be granted marketing authorization in the European Union (EU) for the treatment of patients with early breast cancer, metastatic breast cancer, or metastatic gastric cancer whose tumors have either HER2 overexpression or HER2 gene amplification. The CHMP’s opinion will now be sent to the European Commission (EC) for final review. Herzuma® is a biosimilar to Herceptin®i, a breast cancer and gastric cancer treatment antibody biologic drug developed by Genentech and marketed by Roche. Herceptin® is a blockbuster drug which had worldwide sales of CHF 6.8 billionii (US$6.8 billion) in 2016, of which CHF 2.1 billioniii (US$2.1 billion) was in

Takeda and TiGenix announce that Cx601 (darvadstrocel) has received a positive CHMP opinion to treat complex perianal fistulas in Crohn’s disease15.12.2017 12:34Pressemelding

Takeda Pharmaceutical Company Limited (TSE: 4502) (“Takeda”) and TiGenix NV (Euronext Brussels and NASDAQ: TIG) (“TiGenix”) today announced that the Committee for Medicinal Products for Human Use (CHMP) of the European Medicines Agency (EMA), in conjunction with the Committee for Advanced Therapies (CAT), has adopted a positive opinion recommending a marketing authorization (MA) for investigational compound Cx601 (darvadstrocel). Cx601 is expected to be indicated for the treatment of complex perianal fistulas in adult patients with non-active/mildly active luminal Crohn’s disease, when fistulas have shown an inadequate response to at least one conventional or biologic therapy.2 This recommendation marks the first allogeneic stem cell therapy to receive a positive CHMP opinion in Europe. This press release features multimedia. View the full release here: http://www.businesswire.com/news/home/201712

Bitcoin Romania and Twispay Announce Integration Partnership Providing Users with the Ability to Purchase Bitcoin with Bank Cards15.12.2017 12:21Pressemelding

Bitcoin Romania, leading Eastern European Bitcoin exchange & brokerage firm, and Twispay, Swiss-owned European payment processor and FinTech pioneer, today announced the availability of a payment integration that allows a global clientele to acquire Bitcoin and Ethereum cryptocurrencies using Visa and Mastercard bank cards. Unprecedented in Romania, this is one of the first East-Central European integration partnerships that allow consumers to use their cards to purchase cryptocurrency. Until recently, investors could only acquire cryptocurrencies through bank transfers and cash deposits, but the volatility of cryptocurrency markets dictates the need for additional operational flexibility. Investors require faster, safer, more reliable, and more comfortable ways to complete purchases. “One minute can make the difference between a million lost and a million earned. That is pr

Upon Conclusion of the Fourth Annual Forum for Promoting Peace in Muslim Societies, Scholars and Intellectuals Visit the Louvre Abu Dhabi Museum15.12.2017 11:38Pressemelding

A high-level delegation of dignitaries, scholars and intellectuals participating in the fourth annual Forum for Promoting Peace in Muslim Societies, visited the Louvre Abu Dhabi museum. The delegation was headed by H.E Mustafa Ceric, former Grand Mufti of Bosnia; alongside Sheikh Mohammad Mukhtar Ould Imbala, Head of Mauritania’s Fatwa & Grievances Supreme Council; H.E Amar Mirghani Hussein, Sudanese Minister of (religious) Guidance and Endowments; and H.E Salho Jay, Imam of the Juma Masjid in South Africa. The Forum was held in Abu Dhabi from 11-13 December 2017, with the participation of more than 700 scholars, intellectuals and religious dignitaries from around the world. This press release features multimedia. View the full release here: http://www.businesswire.com/news/home/20171215005255/en/ Group Photo of the Scholars and Intellectuals during their visit to the L

Kennedy Wilson Acquires 124-Unit Northbank Apartments in Dublin, Ireland for €45 Million15.12.2017 11:00Pressemelding

Global real estate investment company Kennedy Wilson (NYSE: KW) announces that it has acquired Northbank Apartments, a wholly-owned 124-unit apartment community in Dublin’s North Docks, for €45 million from Jarmar Properties Limited (In Receivership) acting through David Carson of Deloitte as Statutory Receiver, the lender being the National Asset Management Agency (“NAMA”). Situated in Dublin’s North Docks, Northbank is located just 50 meters from Kennedy Wilson’s existing 84-unit Liffey Trust apartments. The two buildings benefit from great transport links as the LUAS Red line is immediately adjacent connecting to Dublin’s city centre and main train stations in five minutes. “The successful acquisition of Northbank in such close proximity to our Liffey Trust asset allows us to leverage our existing presence and implement our value-add asset management strategy, including a

AML BitCoin Enters Phase II of ICO15.12.2017 09:00Pressemelding

NAC Foundation, LLC announces today that the initial coin offering for the AML BitCoin – the world’s only patent-pending compliant digital currency – has been extended for another month to accommodate a torrent of last minute, new coin purchasers and the demands of thousands of current owners of the coin, who have had difficulty navigating the process of establishing the specialized wallet required to hold the innovative digital currency. This second phase of the AML BitCoin initial coin offering will see an increase in the price of the coin, from US $1.00 to US $1.25. The company has already been contacted by prospective purchasers in the slightly higher priced Phase II, and anticipates a further price increase to US $1.50 within a week or two. HitBTC, one of the world’s largest and most active digital currency exchanges, was prepared to list the AML BitCoin for trading on

I vårt presserom finner du alle våre siste saker, kontaktpersoner, bilder, dokumenter og annen relevant informasjon om oss.

Besøk vårt presserom