Ferrotec Corporation
Notice Regarding Capital Investment (New Factory Construction) and Establishment of New Companies (Including Specified Subsidiaries) in Beijing, China
FerroTec Corporation plans to invest approximately 5.4 billion RMB (about 12.2 billion JPY) to build a new factory in Beijing, China, and establish three new companies by February 2026 engaged in parts cleaning, metal subcontract processing, and ceramics.
Key Figures
- Total Capital Investment: 540 million RMB (about 12.2 billion JPY)
- New Factory Site Area: Approximately 28,000㎡
- Scheduled Start of Operations at New Factory: June 2027
AI要約
Overview of Capital Investment
At its board meeting on February 12, 2026, FerroTec Corporation resolved to invest approximately 540 million RMB (about 12.2 billion JPY) to construct a new factory in Beijing, China, and establish new companies operating in parts cleaning, metal subcontract processing, and ceramics. The new factory will have a site area of approximately 28,000㎡ and a building area of about 27,500㎡, with construction starting in March 2026 and operations commencing in June 2027. Among the new companies, subsidiaries for parts cleaning and metal subcontract processing will be designated specified subsidiaries, and the parts cleaning subsidiary plans to accept 30% external investment.
Business Background and Future Outlook
In response to increasing semiconductor demand and growth in the domestic Chinese market, a new production base will be established in Beijing to capture demand from domestic semiconductor equipment manufacturers in China. This will strengthen customer relationships and build a system covering product supply, research and development, and factory operations support. The impact on this fiscal year's financial results is expected to be minimal, with disclosures to be made promptly if necessary.
