Fujikin Of Japan Builds Pharmaceutical Valve Factory In U.S.
This article was originally published in PharmAsia News
Executive Summary
Japan's Fujikin says it is building a $9.5 million factory in Connecticut to produce the firm's precision valves used by pharmaceutical makers. When the factory begins operations, the parts are to be imported from Japan, but Fujikin expects the facility to produce its own parts within three years. The move is expected to help Fujikin double its current $9.5 million in annual sales and reach $95 million eventually. Half the firm's income comes from valves for the semiconductor industry. (Click here for more - a subscription may be required