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Epson Atmix to Build New Factory at Kita-Inter Plant

Wednesday 21. October 2015 - - New factory to come online in April 2017 and double powder treatment capacity of superfine alloy powders -

Seiko Epson Corporation (TSE: 6724, “Epson”) today announced that Group company Epson Atmix Corporation will construct a new factory at its Kita-Inter Plant. Epson Atmix, located in the city of Hachinohe, Aomori Prefecture, Japan, is the world’s leading manufacturer of superfine alloy powders*1. In September the company concluded an agreement to acquire a 10,000 m2 lot adjoining the Kita-Inter Plant. Epson Atmix will invest a total of 1.2 billion yen in the new factory. Preparations for construction are now underway, with factory construction planned to begin in March 2016. The factory is scheduled to begin operations in April 2017.

The Kita-Inter Plant, which came online in October 2013, produces superfine alloy powders used in the production of high-performance precision components for vehicles, smartphones, tablet PCs, wearable products, medical equipment, and a wide variety of other products. Annual market demand is growing, and this trend is expected to continue for the foreseeable future.

The new factory will be outfitted with a new production line for back-end processes including powder treatment*2, packaging and shipping alloy powders, and will help to raise overall production efficiency by working in tandem with existing atomization processes. It will approximately double the company’s current superfine alloy powder treatment capacity to more than 10,000 tons and provide even greater supply stability. The additional capacity will also enable Epson Atmix to significantly reduce lead times, from order to shipping.

Epson Atmix is committed to leveraging its unique metal powder manufacturing technology to continue to create customer-pleasing, trusted products and services.

http://www.epson.com
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