Shibaura Shearing Launches Indonesian Process Plant

Tokyo based plate shearing processor, Shibaura Shearing successfully started operations of PT. Shibaura Shearing Indonesia, which is plate shearing joint venture with PT. Hitachi Construction Machinery Indonesia. The JV held opening ceremony in mid-April after it started operation in February. Shibaura Shearing tries to improve the communication between Japan and Indonesia to transfer the manufacturing spirit of the firm. The firm considers future flexible manpower utilization between Japanese and Indonesian operations. Shibaura Shearing controls 65% of the JV with 35% interests by PT. Hitachi Construction Machinery Indonesia. They established the JV with US$ 7.41 million of capital on July 12, 2005. The JV is located at MM2100 industrial park in suburb of Jakarta. The JV has plant with 6,600 square meters of floor space on the 32,000 square meters of land. The JV has a numerical control laser cutting machine, a NC plasma cutting machine, which will be introduced in June, 6 NC gas shearing machines and others including press and groove cutting machines. The JV processes materials at 2,000 tonnes per month for cutting, groove cutting, bending and blanking. The JV will increase the employees to 120 from current 48. The JV focuses on the service for PT. Hitachi Construction Machinery Indonesia expanding the business for other local users.