Hitachi Chemical Subsidiary Boosts Production Capacity for Powder Metal Products
Tokyo, Mar 2, 2012 (JCN) - Sintering Technologies Inc. (STI), a powder metal products manufacturing subsidiary of Hitachi Chemical Co. Ltd, has increased by 150% its production capacity of valve timing control system component in response to increasing demand from the North American auto market. As of April 1, STI will change from its current name to Hitachi Powdered Metals (USA) Inc. and will aim to further expand its business and improve its services.
STI has been manufacturing and distributing powder metal products for vehicles as a wholly owned subsidiary of Hitachi Powdered Metals Co. Ltd, which is a wholly owned subsidiary of Hitachi Chemical, since 1995 after originally being established as a joint venture company of Hitachi Powdered Metals and a local company in 1987. STI's strength is its engine component technology, particularly that of its valve guide.
In an effort to strengthen synergy within the Hitachi Chemical Group on a global scale, a variety of measures and policies has been implemented. As a part of these initiatives, Hitachi Chemical has decided to change the name of STI to Hitachi Powdered Metals (USA) as of April 1 to associate the company with Hitachi Chemical and raise its profile within its market and customer base.
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