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Mitsubishi, Mini Grip Set up Food Package Fastener Venture.(Brief Article)

New Food Products in Japan

| August 25, 2002 | COPYRIGHT 2003 Pacific Research Consulting, Inc. (Hide copyright information)Copyright

Mitsubishi Corp. has partnered with US firm Mini Grip/Zip-Pak to sell food-packaging fasteners in Japan through a new company, Zip Pack Japan. The Japan side is starting by importing the fasteners, although the partners envision setting up a new factory either in Japan or Southeast Asia. The partners say that changing consumer needs will push demand for this type of fastener from about two billion yen now to six billion …

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