Mori Seiki to build Tianjin plant

Mori Seiki Co. Ltd has decided to construct a plant in Tianjin, China in a bid to cope with the growing demands for machine tools in the country.

"We have decided to construct a plant in Tianjin aiming to shorten the delivery time by manufacturing machines at a closer location to customers and reduce logistics cost from Japan as well as manufacturing cost. We also continue operating Mori Seiki (Shanghai) Co. Ltd, our local subsidiary, in
Shanghai, China, as a base of selling products manufactured at the plant in Tianjin," the company said.

Mori Seiki added, "We assume slight influence on our business results in March, 2013, associated with the plant construction."