
Hitachi Metals to Introduce Harness Assembly Lines in Europe to Strengthen Its Rolling Stock Cable Business
Hitachi Metals, Ltd. (hereafter, Hitachi Metals)(TOKYO:5486)(ISIN:JP3786200000) will introduce harness assembly lines for rolling stock wire and cables at its operation base in the Czech Republic in order to strengthen its system for offering solutions in the rolling stock cable business in Europe, with mass production planned to commence in October 2016.
1. Objective and overview
Hitachi Metals has been working to increase the profitability of its Cable Materials Business based on its three growth drivers of rolling stock, medical products, and automotive electrical components. In June 2016, production lines for manufacturing cables for rolling stock and industrial applications using Hitachi Metals’ proprietary technologies was introduced at an operation base in China to enhance the competitiveness of its rolling stock cable business.
Against this backdrop, Hitachi Metals will introduce harness assembly lines for rolling stock wire and cables at Hitachi Cable Europe s.r.o. in the Czech Republic—a location that offers convenient access to other European countries. As a result, the system for offering solutions will be strengthened in the European market (including the U.K., Germany, and France), where investments have actively been made to improve railway networks.
Electrical components have been increasingly employed in rolling stock to enhance safety and convenience. The wiring in rolling stock has become more complicated than ever before, resulting in increased difficulty when carrying out work.
Hitachi Metals not only manufactures rolling stock wire and cables but also offers solutions ranging from 3D wiring design service for rolling stock to harness assembly based on design data. The introduction of harness assembly lines at Hitachi Cable Europe s.r.o. will strengthen its system to offer solutions that help rolling stock manufacturers in Europe to reduce man-hours and the fabrication period.
Based on this investment and its global growth strategy in the rolling stock cable business, Hitachi Metals’ Cable Materials Business aims to achieve revenue of 14 billion yen in the rolling stock business by FY2018.
Hitachi Metals will exhibit the Hitachi Metals Group products for rolling stock and railway networks (e.g. rolling stock wires and cables) at InnoTrans 2016 (International Trade Fair for Transport Technology) to be held at Messe Berlin in Germany from Tuesday, September 20 to Friday, September 23, 2016.
2. Overview of Hitachi Cable Europe s.r.o. |
||
Address | Prumyslova zona Triangle, Minice 60 Velemysleves, 438 01 Zatec, Czech Republic | |
Representative | Toru Taniguchi, Executive Director (President) | |
Capital | 200,000 CZK | |
Employees | Approx. 90 | |
Main production items | Automotive electrical components, brake hoses | |
[Reference: InnoTrans 2016 (International Trade Fair for Transport Technology)] |
||
Organizer | Messe Berlin GmbH | |
Period | Tuesday, September 20–Friday, September 23, 2016 | |
Venue | Messe Berlin, Germany | |
Hitachi Metals booth | Hall 10.1, Stand 212 | |
Products to be exhibited |
Rolling stock wire and cables, Extra high voltage rolling stock cable systems, Trolley wire, EMC filters, Rare-earth magnets for motors, Cores for distribution transformers, Cores for transformers/reactors, Cast iron products for bogies | |
Description | One of the largest specialist exhibitions of rolling stock technology for passenger and cargo transport suppliers in the world, introducing state-of-the-art products and technologies to the industry. |
To view this piece of content from cts.businesswire.com, please give your consent at the top of this page.
View source version on businesswire.com: http://www.businesswire.com/news/home/20160906005327/en/
Contact information
Hitachi Metals, Ltd.
Masayuki Yoshihara, +81-3-6774-3077
Corporate
Communications
About Business Wire
(c) 2018 Business Wire, Inc., All rights reserved.
Business Wire, a Berkshire Hathaway company, is the global leader in multiplatform press release distribution.
Subscribe to releases from Business Wire
Subscribe to all the latest releases from Business Wire by registering your e-mail address below. You can unsubscribe at any time.
Latest releases from Business Wire
H.I.G. Capital Announces the Sale of DGS S.p.A.11.6.2024 12:00:00 CEST | Press release
H.I.G. Capital (“H.I.G.”), a leading global alternative investment firm with $62 billion of capital under management, is pleased to announce that an affiliate has signed a definitive agreement to sell its portfolio company, DGS S.p.A. (“DGS” or the “Group”), a leading firm in the Italian Information Technology market, to DGS Co-Founders and management team in partnership with ICG, a global alternative asset manager. Since its inception in 1997, DGShas supported blue-chip customers in the design, integration, and maintenance of complex IT systems, with a specialization in digital transformation and cybersecurity services. The Group currently has over 1,900 employees, revenues of approximately €300 million, and maintains a group of highly loyal clientele. During H.I.G.’s ownership, DGS has tripled in size and consolidated its position as a leading Italian firm in cybersecurity services and digital transformation. DGS offers its clients sophisticated and proprietary digital transformation
Evertas Names Nick Selby Head of European Underwriting11.6.2024 12:00:00 CEST | Press release
Evertas, the world’s first crypto insurance company, has named Nick Selby as its new Head of European Underwriting. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240611141887/en/ Nick Selby, Executive Vice President and Head of European Underwriting at Evertas (Photo: Business Wire) Selby, an accomplished information and physical security professional, brings two decades of expertise in public and private sector information security, physical security, and complex incident handling, as well as seven years of experience leading teams securing billions of dollars in cryptoassets. Previously, his roles included VP of the Software Assurance Practice at Trail of Bits, Chief Security Officer at Paxos Trust Company, and Director of Cyber Intelligence and Investigations at the NYPD Intelligence Bureau. “Nick is an extremely valuable addition to our European team,” said Evertas CEO and Co-Founder J. Gdanski. “His public and private
Owlet utvider globalt fotavtrykk med lanseringen av medisinsk-sertifisert Dream Sock™ i Storbritannia og over hele Europa11.6.2024 11:00:00 CEST | Pressemelding
Owlet, Inc. («Owlet» or the «Company») (NYSE:OWLT), pioneren innen smart spedbarnsovervåking, kunngjør i dag den britiske og europeiske lanseringen av Dream Sock. Dette er en smart babymonitor med levende helseavlesninger og varsler for friske spedbarn mellom 0-18 måneder og 2,5-13,6 kg. Dette innovative medisinske utstyret gir foreldre helse og viktig informasjon i sanntid, noe som gir uovertruffen trygghet. Denne pressemeldingen inneholder multimedia. Se hele pressemeldingen her: https://www.businesswire.com/news/home/20240611820341/no/ (Photo: Business Wire) «Vi er svært stolte over å lansere Dream Sock til omsorgspersoner over hele Storbritannia og Europa og gi millioner av foreldre mer trygghet mens babyen sover,» sa Kurt Workman, Owlets administrerende direktør og medgründer. «Dream Sock er nå et globalt produkt som er anerkjent som medisinsk nøyaktig og trygt, etter å ha gjennomgått regulatoriske autorisasjoner og sertifiseringer innenfor flere geografier. I dag er misjonen vår
V-Nova Surpasses 1000 Patent Milestone in Media Technology Innovation11.6.2024 10:00:00 CEST | Press release
V-Nova, a leading provider of data compression solutions, video compression technology, XR technology, AI acceleration and parallel processing for a multitude of industries including media and entertainment, today announced its milestone achievement of 1000 active technology patents. This accomplishment underscores V-Nova’s dedication to research and development and its commitment to protecting its intellectual property globally. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240611724561/en/ V-Nova’s patent portfolio spans more than 50 different jurisdictions. Including over 400 patents in Europe, over 200 in the Americas, over 100 in the United States specifically, and over 200 in Asia. V-Nova forged new directions in data processing to enhance digital experiences, maximize efficiency, reduce costs, and increase sustainability. The company leads the way with key international data compression standards for the video indust
Alipay+ Reveals Top Scorer Trophy Design for UEFA EURO 2024™11.6.2024 09:24:00 CEST | Press release
Alipay+, a suite of cross-border mobile payment and digitalization technology solutions operated by Ant International and an Official Partner of UEFA EURO 2024™, today revealed the trophy that will be awarded to the most prolific marksman at the UEFA EURO 2024™ finale on July 14 in Berlin, Germany. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240610328619/en/ The UEFA Top Scorer Trophy presented by Alipay+ is unveiled for UEFA EURO 2024™ (Photo: Business Wire) Sculpted in the shape of the Chinese character “支” (pronounced zhi, and meaning payment as well as support), the trophy reflects Alipay+’s dedication to supporting consumers to enjoy seamless payment and a broad choice of deals using their preferred payment methods while traveling abroad. The character also resembles the fleeting moment of a barefooted striker poised to shoot, evoking the original beauty and power of football – a game that united people across the wo