Japan-U.S. Business Report articles from June 2000

Japan-U.S. Business Report archives from June 2000

E.I. Dupont De Nemours & Co., Inc. (Japanese Companies in the United States: Chemicals).(chemical firms forming on-line marketplace)(Brief Article)
June 1, 2000... Twelve of the world's biggest manufacturers of chemicals have finalized an agreement to establish a business-to-business electronic-commerce marketplace to buy and sell basic, intermediate, specialty and fine chemicals as well as to handle such...

Shionogi & Co., Ltd. (Japanese Companies in the United States: Chemicals).(to open clinical development center in New Jersey)(Brief Article)
June 1, 2000... Later than fellow first-tier pharmaceutical companies in Japan, SHIONOGI & CO., LTD. has realized that a strong overseas clinical development presence is necessary for survival in a rapidly consolidating world drug industry. Its first move in...

Japan Tobacco Inc. (Japanese Companies in the United States: Chemicals).(Brief Article)
June 1, 2000... Its name might be synonymous at home -- and increasingly abroad -- with the cigarette business, but JAPAN TOBACCO INC. has identified drugs and food products as two areas critical to its future. The world's third-largest tobacco group has...

Tularik Pharmaceutical Co. (Japanese Companies in the United States: Chemicals).(formed by Japan Tobacco Inc and Tularik Inc.)(Brief Article)
June 1, 2000... One such means already has been identified. JAPAN TOBACCO INC. will collaborate with TULARIK INC. on the discovery, development and commercialization of products for the treatment of metabolic diseases. Under their five-year agreement, the...

Toagosei Co., Ltd. (Japanese Companies in the United States: Chemicals).(to jointly develop anticancer drug)(Brief Article)
June 1, 2000... TOAGOSEI CO., LTD., a manufacturer of plastics and inorganic chemicals that is attempting to diversify into pharmaceuticals, and PROTEIN DESIGN LABS, INC. will develop an antibody discovered by the Tokyo company and humanized by its Fremont,...

Fuso Pharmaceutical Industries, Ltd. (Japanese Companies in the United States: Chemicals).(to cooperate in developing treatment for sepsis)(Brief Article)
June 1, 2000... A new treatment for sepsis -- a systemic inflammatory response syndrome that results in decreased blood flow to vital organs because of the overproduction of nitric oxide -- is the focus of a tie-up between FUSO PHARMACEUTICAL INDUSTRIES, LTD....

Takara Shuzo Co., Ltd. (Japanese Companies in the United States: Chemicals).(to work with Nexell Therapeutics Inc. on stem cell research)(Brief Article)
June 1, 2000... TAKARA SHUZO CO., LTD., which has successfully transitioned into biotechnology from its roots as a liquor producer, has forged an alliance with NEXELL THERAPEUTICS INC., an Irvine, California supplier of therapeutic and diagnostic products...

Kirin Brewery Co., Ltd. (Japanese Companies in the United States: Chemicals).(to expand drug discovery agreement with Hyseq Inc.)(Brief Article)
June 1, 2000... KIRIN BREWERY CO., LTD., which likewise has a growing pharmaceutical division, and Sunnyvale, California-based HYSEQ, INC., the developer of highthroughput technology for drug discovery and development, have broadened the scope of an October...

Daiichi Pharmaceutical Co., Ltd. (Japanese Companies in the United States: Chemicals).(to join in research on bacterial resistance to antibiotics)(Brief Article)
June 1, 2000... Extending work underway since 1995 on antibiotic resistance, DAIICHI PHARMACEUTICAL CO., LTD. which is strong in anti-infectives, and MICROCIDE PHARMACEUTICALS, INC. of Mountain View, California have contracted to jointly discover and develop...

Sankyo Parke-Davis Co. (Japanese Companies in the United States: Chemicals).(get clearance to market lipid-lowering drug)(Brief Article)
June 1, 2000... The Food and Drug Administration cleared Welchol (colesevelam hydrochloride) for sale. The lipid-lowering drug, which reduces serum LDL (low-density lipoprotein) or "bad" cholesterol levels, will be marketed by SANKYO PARKE-DAVIS CO., a...

Santen Pharmaceutical Co., Ltd. (Japanese Companies in the United States: Chemicals).(to offer anti-allergy eye drops)(Brief Article)
June 1, 2000... ALAMAST (pemirolast potassium ophthalmic solution) 0.1% anti-allergy eye drops will be available by July 2000, SANTEN PHARMACEUTICAL CO., LTD. announced (see Japan-U.S. Business Report No. 361, October 1999, p. 3). The first product from...

Takeda Chemical Industries, Ltd. (Japanese Companies in the United States: Chemicals).(Brief Article)
June 1, 2000... Japan's top pharmaceutical company, TAKEDA CHEMICAL INDUSTRIES, LTD., has become the 20th member of the Pharmaceutical Development Consortium, an international research project run by PHARMACOPEIA, INC.'s MSI subsidiary. PDC's mission is to...

Tap Pharmaceutical Inc. (Japanese Companies in the United States: Chemicals).(starts research with American Gastroenterological Association)(Brief Article)
June 1, 2000... Meanwhile, TAP PHARMACEUTICAL INC. has begun a three-year research program with the American Gastroenterological Association. The long-running partnership of TAKEDA CHEMICAL INDUSTRIES, LTD. and ABBOTT LABORATORIES is backing this initiative...

Compaq Computer Corp. (Japanese Companies in the United States: Computers and Peripherals).(with other computer makers, to join electronic procurement network)(Brief Article)
June 1, 2000... In an attempt to lower their huge component costs at a time of constantly falling prices for personal computers, COMPAQ COMPUTER CORP., GATEWAY, INC. and HEWLETT-PACKARD CO. have decided to band together to create an electronic-procurement...

Amdahl Corp. (Japanese Companies in the United States: Computers and Peripherals).(to provide hardware for Chicago Board Options Exchange)(Brief Article)
June 1, 2000... The Chicago Board Options Exchange, the world's largest options exchange, opted to stay with AMDAHL CORP. hardware to handle a continuing jump in trading volume and quote traffic. The wholly owned FUJITSU, LTD. subsidiary installed a...

Sony Corp. (Japanese Companies in the United States: Computers and Peripherals).
June 1, 2000... The digital video capabilities of the VAIO Digital Studio desktop PC family have enabled SONY ELECTRONICS, INC. to carve out a niche in a crowded American marketplace. To continue that growth, a more powerful line of machines soon will be...

Sony Electronics, Inc. (Japanese Companies in the United States: Computers and Peripherals).
June 1, 2000... The corporate executive who wants digital entertainment capabilities as well as robust information technology solutions in a stylish, lightweight (about 3 pounds) and slim (less than an inch) notebook computer is the target buyer of SONY...

SVGA display. (Japanese Companies in the United States: Computers and Peripherals).
June 1, 2000... SONY ELECTRONICS, INC. also has a new all-in-one notebook for college students and the SOHO (small office/home office) market. The $1,800 or so VAIO PCG-F520 combines a 500-MHz mobile Pentium III processor, 64 MB of SDRAM memory, 6 GB of...

Fujitsu Pc Corp. (Japanese Companies in the United States: Computers and Peripherals).
June 1, 2000... An alternative to traditional notebook machines is available from FUJITSU PC CORP. in the form of the Stylistic 3400 pen tablet computer. It sports a 400-MHz mobile Pentium III processor, 64 MB of SDRAM system memory and a shock-mounted 6-GB...

Cac Corp. (Japanese Companies in the United States: Computers and Peripherals).(Brief Article)
June 1, 2000... CAC CORP., a Tokyo-based IT systems planner, developer and operator that went public in July 1999, opened a second U.S. subsidiary. The mandate of the San Jose, California operation is to expand business in the Asian Pacific arena, in part by...

Fujitsu, Ltd. (Japanese Companies in the United States: Computers and Peripherals).
June 1, 2000... Profitability considerations at FUJITSU, LTD. corporate headquarters continue to take a heavy toll on the company's Hillsboro, Oregon storage products subsidiary. FUJITSU COMPUTER PRODUCTS OF AMERICA, INC. already had eliminated production of...

Drexler Technology Corp. (Japanese Companies in the United States: Computers and Peripherals).
June 1, 2000... In an unusual transaction, DREXLER TECHNOLOGY CORP., a producer of optical memory cards and hybrid smart cards, acquired NIPPON CONLUX CO., LTD.'s optical card read/write drive manufacturing facility and transferred the tooling, equipment and...

Hitachi America, Ltd. (Japanese Companies in the United States: Computers and Peripherals).
June 1, 2000... The Westwood, Massachusetts monitor sales unit of HITACHI AMERICA, LTD. has on the market a 19-inch CRT (cathode-ray tube) flat-faced shadow mask monitor, one of the industry's first such products. A chief selling point of the CM771 ErgoFlat...

Seiko Epson Corp. (Japanese Companies in the United States: Computers and Peripherals).
June 1, 2000... A breakthrough in ink technology has enabled SEIKO EPSON CORP.'s Long Beach, California marketing unit to offer a number of printers that can create images designed to last for more than 200 years under normal lighting conditions. The new EPSON...

Epson Archival Ink system. (Japanese Companies in the United States: Computers and Peripherals).
June 1, 2000... Portrait and fine art photographers and artists can take advantage of the EPSON Archival Ink system in a desktop ink-jet printer using compatible paper recently developed by SEIKO EPSON CORP. The EPSON Stylus Photo 2000P, which also delivers a...

Seiko Epson Corp. (Japanese Companies in the United States: Computers and Peripherals).
June 1, 2000... Not forgetting the requirements of businesses that turn out a large volume of multipart documents, purchase orders, invoices and other types of forms, SEIKO EPSON CORP.'s marketing subsidiary released the EPSON LQ-570e single-impact printer....

Wacom Co., Ltd. (Japanese Companies in the United States: Computers and Peripherals).
June 1, 2000... The Vancouver, Washington subsidiary of WACOM CO., LTD., the leader in computer graphics tablets and electronic pens, is the latest company to employ PENOP's legally binding electronic signature technology. The New York City firm's verifiable,...

Matsushita Electric Industrial Co., Ltd. (Japanese Companies in the United States: Electric Machinery).
June 1, 2000... With sales of DVD discs booming in the United States and elsewhere, MATSUSHITA ELECTRIC INDUSTRIAL CO., LTD. has earmarked $74.1 million to enable its six disc-making plants in North America, Europe and Japan to keep up with demand. All told,...

Toda Kogyo Corp. (Japanese Companies in the United States: Electric Machinery).
June 1, 2000... The details are few, but TODA KOGYO CORP. and CITRON TECHNOLOGY GROUP, INC. of Milpitas, California have agreed to form a Silicon Valley-based company to develop and market microdisks for the microdrive products expected to be used in wireless....

Yaskawa Electric Corp. (Japanese Companies in the United States: Electric Machinery).
June 1, 2000... YASKAWA ELECTRIC CORP. is taking a second step to expand its mechatronics business in the United States. Late last year, it established a company in Santa Clara, California to market such products as compact servos, machine controllers and...

GE-Hitachi HVB, Inc. (Japanese Companies in the United States: Electric Machinery).(in invest several million dollars to increase capacity)(Brief Article)
June 1, 2000... GE-HITACHI HVB, INC. will play a bigger role in supplying HITACHI, LTD.-designed circuit breakers for power plants and transmission lines to American electric utilities. By October 2000, the Japanese corporation will spend several million...

Sony Computer Entertainment, Inc. (Japanese Companies in the United States: Electric Machinery).(to launch PlayStation 2 in North America)(Brief Article)
June 1, 2000... One of the most anticipated events in the consumer electronics business will take place in late October 2000. That is when SONY COMPUTER ENTERTAINMENT, INC. is set to launch the PlayStation 2 in North America. Described as a computer...

Hitachi, Ltd. (Japanese Companies in the United States: Electric Machinery).(to introduce nine different HDTV or HDTV-capable sets in U.S.)(Brief Article)
June 1, 2000... For whatever reason -- high prices or skimpy programming -- sales of high-definition television sets in the United States have not lived up to Japanese consumer electronics manufacturers' expectations. HITACHI, LTD., for one, is undeterred....

Softbank Venture Capital. (Japanese Companies in the United States: Financial Services).(investments)(Brief Article)
June 1, 2000... Over time, SOFTBANK VENTURE CAPITAL has invested $2.5 billion raised from parent SOFTBANK CORP. as well as from institutional investors in more than 150 American Internet companies. Tapping the same sources, the Mountain View, California...

Marubeni Corp. (Japanese Companies in the United States: Financial Services).(New York City subsidiary to buy trailer-leasing operations of PLM International)(Brief Article)
June 1, 2000... Joining the IT boom might be a primary corporate goal of Japan's mammoth trading companies, but they continue to invest in firms close to their primary business roots. A case in point is the decision by MARUBENI CORP.'s New York City subsidiary...

Hayashibara Co., Ltd. (Japanese Companies in the United States: Food and Agricultural Products).(explores market for trehalose with Cargill)(Brief Article)
June 1, 2000... HAYASHIBARA CO., LTD. and CARGILL INC. are exploring the market in the Americas for trehalose, a naturally occurring sugar with multifunctional characteristics. About 45 percent as sweet as sucrose, trehalose can be used as a component of...

Transocean Products, Inc. (Japanese Companies in the United States: Food and Agricultural Products).(to acquire Kyotaru Oregon Inc.)(Brief Article)
June 1, 2000... The second-largest U.S. producer of frozen imitation seafood products will be created when TRANSOCEAN PRODUCTS, INC., a Bellingham, Washington subsidiary of MARUHA CORP., acquires KYOTARU OREGON, INC. from KYOTARU CO., LTD., which is attempting...

Nippon Flour Co., Ltd. (Japanese Companies in the United States: Food and Agricultural Products).(buys 70% stake in Pasta Montana)(Brief Article)
June 1, 2000... At a cost of $5 million, NIPPON FLOUR CO., LTD. acquired a 70 percent stake in PASTA MONTANA L.L.C. in order to gain an assured supply of low-cost pasta for the Japanese market. In the coming months, the Great Falls, Montana firm's production...

Sesmark Foods, Inc. (Japanese Companies in the United States: Food and Agricultural Products).(to add fifth production line)(Brief Article)
June 1, 2000... Snack and cracker producer SESMARK FOODS, INC. will add a fifth production line at its Loves Park, Illinois factory by yearend 2000. The 20 percent-plus gain in capacity will be used to make the company's mainstay Usuyaki (thin) rice crackers...

Kobe Steel, Ltd. (Japanese Companies in the United States: Metals and Fabricated Products).(transfers marketing rights to Pro-Tec Coating Co.)(Brief Article)
June 1, 2000... KOBE STEEL, LTD., the equal owner with USX CORP./U.S. STEEL of PRO-TEC COATING CO., is transferring its marketing rights to the Leipsic, Ohio steel sheet galvanizing venture's output to its partner. The big Japanese steelmaker currently sells...

Nitto Kohki Co., Ltd. (Japanese Companies in the United States: Metals and Fabricated Products).(Brief Article)
June 1, 2000... Pipe coupling manufacturer NITTO KOHKI CO., LTD. has further refined its strategy for making headway in the United States, where it has only 1 percent of the market versus a 50 percent share at home. The Tokyo firm's recently opened Hanover...

Horkos Corp. (Japanese Companies in the United States: Nonelectric Machinery).(to open office in Canton, Michigan)(Brief Article)
June 1, 2000... Like other smaller machine tool builders, HORKOS CORP. sees increased exports as critical to its sales results. Already shipping to Asia, the Hiroshima prefecture manufacturer of machining centers, transfer lines and other metalworking...

Sakurai Ltd. (Japanese Companies in the United States: Nonelectric Machinery).(opens subsidiary in Dublin, Ohio)(Brief Article)
June 1, 2000... SAKURAI LTD., a Shizuoka prefecture machine tool producer that also makes automotive parts, formed a marketing subsidiary in Dublin, Ohio to handle shipments of machine tools to the minivan assembly plant that HONDA MOTOR CO., LTD. is building...

Kennametal Inc. (Japanese Companies in the United States: Nonelectric Machinery).(increases technical exchanges with Toshiba Tungaloy Company Ltd.)(Brief Article)
June 1, 2000... Expectations that KENNAMETAL INC. would sell as much as $9.3 million worth of TOSHIBA TUNGALOY CO., LTD.-made superhard tool tips and other tooling for the metalworking industry in the United States and Europe in the first year of their...

Ryobi Ltd. (Japanese Companies in the United States: Nonelectric Machinery).(to introduce new press with Presstek Inc.)(Brief Article)
June 1, 2000... Starting in December 2000, RYOBI LTD. will ship worldwide the 3404D1 two-page, four-color offset press. This product is the result of a collaborative effort between the diversified Japanese firm and PRESSTEK, INC., a provider of direct imaging...

Suzumo Machinery Co., Ltd. (Japanese Companies in the United States: Nonelectric Machinery).(plans marketing push in North America)(Brief Article)
June 1, 2000... Stymied by sluggish sales at home and in Southeast Asia, SUZUMO MACHINERY CO., LTD., best known for its automated sushi-making equipment, plans an aggressive push into the North American market. By the end of 2001, the company expects to have...

Japan National Oil Corp. (Japanese Companies in the United States: Nonelectric Machinery).(licenses technology to Cooper Cameron Corp.)(Brief Article)
June 1, 2000... JAPAN NATIONAL OIL CORP. licensed emergency pipe-release technology for offshore oil- and gas-drilling platforms to Houston's COOPER CAMERON CORP. Codeveloped with JAPAN DRILLING CO., LTD., MITSUI ENGINEERING & SHIPBUILDING CO., LTD. and...

Trans Cosmos Inc. (Japanese Companies in the United States: Photo Equipment and Copiers).(leads financing round for Snapfish.com Corp.)(Brief Article)
June 1, 2000... Major Internet investor TRANS COSMOS INC. led a second round of funding for SNAPFISH.COM CORP. that raised $33 million for the on-line photographic services provider. Alone among the increasing number of companies that are harnessing the...

Sakura Fine Technical Co., Ltd. (Japanese Companies in the United States: Precision and Medical Equipment).(Brief Article)
June 1, 2000... Although product specifications will not be available until later this year, the Torrance, California subsidiary of histology and cytology equipment manufacturer SAKURA FINE TECHNICAL CO., LTD. and the University of Miami's medical school have...

Toshiba Corp. (Japanese Companies in the United States: Semiconductors).(and Sandisk Corp. form joint venture FlashVision L.L.C.)(Brief Article)
June 1, 2000... Finalizing an agreement outlined last fall (see Japan-U.S. Business Report No. 362, November 1999, pp. 10-11), TOSHIBA CORP. the market leader in NAND-type flash memories, and SANDISK CORP., the world's largest supplier of flash data-storage...

Fujitsu, Ltd. (Japanese Companies in the United States: Semiconductors).(to increase capacity of Gresham, Oregon plant)(Brief Article)
June 1, 2000... The robust worldwide demand for flash memories in cell phones and other mobile devices has encouraged FUJITSU, LTD. to embark on a major capacity expansion for these products in Japan as well as at its 12-year-old Gresham, Oregon semiconductor...

Fujitsu Microelectronics, Inc. (Japanese Companies in the United States: Semiconductors).(developing .11 micron process technology)(Brief Article)
June 1, 2000... San Jose, California-based FUJITSU MICROELECTRONICS, INC. previewed a 0.11-micron process technology for ASIC (application-specific integrated circuit) devices that will be available by the third quarter of 2001. The initial products developed...

Matsushita Semiconductor Corp. (Japanese Companies in the United States: Semiconductors).(sells plant to Microchip Technology Inc.)(Brief Article)
June 1, 2000... It took close to 20 months, but MATSUSHITA SEMICONDUCTOR CORP. OF AMERICA finally found a buyer for its Puyallup, Washington wafer fab. MICROCHIP TECHNOLOGY, INC. of Chandler, Arizona will use the complex to make field-programmable...

SiRF Technology, Inc. (Japanese Companies in the United States: Semiconductors).(completes financing round)(Brief Article)
June 1, 2000... SIRF TECHNOLOGY, INC. -- a fabless communications IC company specializing in bringing GPS (global positioning satellite) and other wireless communications technologies to the consumer market, especially in the form of location-aware wireless...

Photonic Integration Research, Inc. (Japanese Companies in the United States: Semiconductors).(to be acquired by SDL Inc.)(Brief Article)
June 1, 2000... Talk about a windfall! NIPPON TELEGRAPH AND TELEPHONE CORP., MITSUBISHI CORP. and partner BATTELLE MEMORIAL INSTITUTE have agreed to sell PHOTONIC INTEGRATION RESEARCH, INC. to SDL, INC. for nearly $1.5 billion worth of stock in the...

Yaskawa Electric Corp. (Japanese Companies in the United States: Semiconductors).(Brief Article)(Statistical Data Included)
June 1, 2000... YASKAWA ELECTRIC CORP. is in the process of acquiring for an undisclosed price HUNTAIR INC.'s isolation technology group, a designer and manufacturer of customized air-flow management systems for the semiconductor industry. The big factory...

Hikari Tsushin, Inc. (Japanese Companies in the United States: Software and Information Services).(Brief Article)(Statistical Data Included)
June 1, 2000... A once high-flying but now stumbling HIKARI TSUSHIN, INC. sold shares in two of the publicly traded companies in its extensive portfolio of American IT ventures in order to raise money for working capital and additional investments. First, it...

Softbank Venture Capital. (Japanese Companies in the United States: Software and Information Services).(Brief Article)
June 1, 2000... Three more companies have been added to SOFTBANK VENTURE CAPITAL's already eye-catching portfolio of U.S. Internet investments. The big venture-capital fund joined such blue-chip corporations as BANK OF AMERICA CORP. and BELLSOUTH CORP. in...

Iboost Technology, Inc. (Japanese Companies in the United States: Software and Information Services).(Brief Article)
June 1, 2000... SOFTBANK VENTURE CAPITAL also made an investment described as substantial in IBOOST TECHNOLOGY, INC., a Los Angeles venture launched in December 1999. Its iBoost.com site provides centralized log-in to a network of other Web sites. Through it,...

Appgenesys, Inc. (Japanese Companies in the United States: Software and Information Services).(Brief Article)
June 1, 2000... A company that describes itself as an e-infrastructure management services provider attracted $50 million in start-up financing from nine investors, mainly venture-capital funds, including SOFTBANK VENTURE CAPITAL San Jose, California-based...

Softbank International Ventures. (Japanese Companies in the United States: Software and Information Services).(Brief Article)
June 1, 2000... At the same time, Softbank Latin America Ventures, which is part of SOFTBANK INTERNATIONAL VENTURES (see Japan-U.S. Business Report No. 367, April 2000, pp. 6-7), and another major American venture-capital fund supplied $15.6 million in...

Itochu Corp. (Japanese Companies in the United States: Software and Information Services).(Brief Article)
June 1, 2000... In what would seem to be a natural addition to its growing portfolio of Internet investments, ITOCHU CORP. joined a mix of eight American companies in providing $30 million in initial funding for ISOLVE INC. The Stamford, Connecticut company...

Sony Music Entertainment, Inc. (Japanese Companies in the United States: Software and Information Services).(Brief Article)
June 1, 2000... Together with a major U.S. venture--capital fund, SONY MUSIC ENTERTAINMENT, INC. provided $17 million to launch REDBAND BROADCASTING on its quest to set the standard for the creation and the distribution of audio programming over the Internet....

Amdahl Corp. (Japanese Companies in the United States: Software and Information Services).(sells Parallax Capital Partners L.L.C.)(Brief Article)
June 1, 2000... AMDAHL CORP. sold its UTS mainframe software business to PARALLAX CAPITAL PARTNERS, LLC. The Sunnyvale, California subsidiary of FUJITSU, LTD. said that the sale was initiated to enable the company to focus on its core business of...

Fujitsu, Ltd. (Japanese Companies in the United States: Software and Information Services).(Brief Article)
June 1, 2000... Meanwhile, FUJITSU, LTD. has an August 2000 U.S. launch date for its Accufield 2000 electromagnetic simulation software. In very simplified terms, this sophisticated computer-aided engineering package allows designers to analyze the...

Hitachi Software Global Technology, Ltd. (Japanese Companies in the United States: Software and Information Services).(Brief Article)
June 1, 2000... August also is the scheduled release time for an English-language version of HITACHI SOFTWARE ENGINEERING CO., LTD.'s GeoMation mapping information system. HITACHI SOFTWARE GLOBAL TECHNOLOGY, LTD. of Westminster, Colorado is in charge of the...

NTT Communications Corp. (Japanese Companies in the United States: Telecommunications).(to buy Verio Inc.)(Brief Article)(Statistical Data Included)
June 1, 2000... In its first major move to expand its global network and IP-based services beyond Asia, NTT COMMUNICATIONS CORP. agreed to buy the approximately 90 percent of major Web-hoster VERIO INC. that it does not own already for some $5.5 billion in...

Furukawa Electric Co., Ltd. (Japanese Companies in the United States: Telecommunications).(Brief Article)
June 1, 2000... FURUKAWA ELECTRIC CO., LTD. is taking another step toward achieving its goal of becoming one of the three biggest suppliers of optoelectronics components in North America Its recently formed FITEL TECHNOLOGIES, INC. unit (see Japan-U.S....

Daiwa Securities Group Inc. (Japanese Companies in the United States: Telecommunications).(SpectraSwitch Inc., product information)(Brief Article)
June 1, 2000... The U.S. venture--capital Unit of DAIWA SECURITIES GROUP INC. was a repeat participant when SPECTRASWITCH, INC., a maker of optical components for communications network equipment suppliers, raised $18.1 million in second-round financing. The...

Spinway, Inc. (Japanese Companies in the United States: Telecommunications).(Brief Article)
June 1, 2000... SPINWAY, INC., a provider of cobranded, free dial-up Internet access and an innovator in on-line advertising, has earned the continued backing of SOFTBANK VENTURE CAPITAL. The Internet-centered venture-capital fund joined with four other big...

Matsushita Communication Industrial Co., Ltd. (Japanese Companies in the United States: Telecommunications).(and Matsushita Electric Industrial Company Ltd. to build receivers for Sirius Satellite Radio Inc.)(Brief Article)
June 1, 2000... Although the first digital satellite radio system for motorists will not be rolled out in the continental United States until the end of 2000 at the earliest, MATSUSHITA COMMUNICATION INDUSTRIAL CO., LTD. and MATSUSHITA ELECTRIC INDUSTRIAL CO.,...

Matsushita Electric Industrial Co., Ltd. (Japanese Companies in the United States: Telecommunications).(and Microsoft Corp. develop digital cable set top box)(Brief Article)
June 1, 2000... As part of a wide-ranging July 1998 development agreement, MATSUSHITA ELECTRIC INDUSTRIAL CO., LTD. and MICROSOFT CORP. have come up with a working version of an advanced digital cable set top box for the American cable TV industry. The...

Bridgestone Corp. (Japanese Companies in the United States: Transportation Equipment).(becomes RubberNetwork.com member)(Brief Article)
June 1, 2000... BRIDGESTONE CORP., one of the world's three biggest tire manufacturers, has become the seventh member of RUBBERNETWORK.COM, which intends to launch before yearend 2000 a global electronic purchasing and procurement exchange for the tire and...

Toyota Motor Corp. (Japanese Companies in the United States: Transportation Equipment).(dedicates Buffalo, West Virginia engine plant)(Brief Article)
June 1, 2000... Nearly four years after the start of construction, TOYOTA MOTOR CORP. dedicated its Buffalo, West Virginia engine plant. TOYOTA MOTOR MANUFACTURING WEST VIRGINIA, INC., which employs almost 650 people, has been operational since late 1998. It...

Toyota Machine Works, Ltd. (Japanese Companies in the United States: Transportation Equipment).(to build automotive parts plant in South Carolina)(Brief Article)
June 1, 2000... At a cost of $25 million, TOYOTA MACHINE WORKS, LTD. will build a second U.S. automotive parts plant. TOYODA KOKI AUTOMOTIVE SOUTH CAROLINA INC., located in Greenville, South Carolina, will begin factory construction in December 2000, aiming...

Goshen Rubber Co. (Japanese Companies in the United States: Transportation Equipment).(restructuring of Keeper Company)(Brief Article)
June 1, 2000... The acquisition of GOSHEN RUBBER CO. by WYNN'S INTERNATIONAL, INC. of Orange, California has led to a restructuring of the U.S. operations of seal manufacturer KEEPER CO., LTD. Wynn's has consolidated the plastic molding business of...

USi, Inc. (Japanese Companies in the United States: Transportation Equipment).(capacity increase)(Brief Article)
June 1, 2000... USI, INC., the Rockford, Tennessee plastic molding subsidiary of IKUYO CO., LTD., will increase capacity by as much as 30 percent in 2001. Opened in the spring of 1997, USI primarily makes headlamp lenses, bezels and housings as well as fog...

Tokai Rubber Industries, Ltd. (Japanese Companies in the United States: Transportation Equipment).(capacity doubled at DTR Tennessee)(Brief Article)
June 1, 2000... With North American transplant car and truck output on the upswing, TOKAI RUBBER INDUSTRIES, LTD. has earmarked about $40 million to double capacity at its DTR TENNESSEE INC. subsidiary. The Midway, Tennessee manufacturer of antivibration...

Yorozu Corp. (Japanese Companies in the United States: Transportation Equipment).(plans new facility)(Brief Article)
June 1, 2000... The exact site has not been selected, but YOROZU CORP. will put up a $37 million factory somewhere outside of Detroit to fill a new order from GENERAL MOTORS CORP. Work on the plant, which will employ approximately 250 people at capacity...

Sanden Corp. (Japanese Companies in the United States: Transportation Equipment).(contract with General Motors)(Brief Article)
June 1, 2000... SANDEN CORP. has won a contract from GENERAL MOTORS CORP. worth more than $92.6 million to supply 1 million compressors for automotive air-conditioning systems. About half of the order is destined for GM's ADAM OPEL AG subsidiary in Germany....

Riken Corp. (Japanese Companies in the United States: Transportation Equipment).(talks with Dana Corp.)(Brief Article)
June 1, 2000... RIKEN CORP., Japan's top maker of piston rings, and DANA CORP., the world's number-one manufacturer of this product, are discussing the possibility of working together on advanced piston-ring technology. The talks also cover the potential for a...

Honda Motor Co., Ltd. (Japanese Companies in the United States: Transportation Equipment).(2002 Acura RL includes OnStar)(Brief Article)
June 1, 2000... The 2002 Acura RL sedan will be the first HONDA MOTOR CO., LTD. vehicle sold in the United States to offer OnStar mobile communications services. OnStar is wholly owned by GENERAL MOTORS CORP. The upscale Acura product also will be the first...

Mitsubishi Heavy Industries, Ltd. (Japanese Companies in the United States: Transportation Equipment).(extends agreement with Boeing)(Brief Article)
June 1, 2000... MITSUBISHI HEAVY INDUSTRIES, LTD., Japan's top aerospace company, and BOEING CO. have signed a memorandum of understanding to both extend their 30-year-plus cooperative relationship and to broaden it. The two already are exploring projects of...

Ishikawajima-Harima Heavy Industries Co., Ltd. (Japanese Companies in the United States: Transportation Equipment).(to partner in development of General Electric Co. engine)(Brief Article)
June 1, 2000... For its part, ISHIKAWAJIMA-HARIMA HEAVY INDUSTRIES CO., LTD. expects to be a risk-sharing partner in the development and the production of GENERAL ELECTRIC CO.'s GE90-115B engine, the sole powerplant for BOEING CO.'s forthcoming 777-200LR and...