Taiyo Yuden USA Inc. (Schaumburg, IL) announced that its parent company, Taiyo Yuden Co. Ltd. (Tokyo, Japan), will expand its manufacturing and market presence through a concurrent two-phase expansion program designed to provide the next level of support and service to customers in the northern and southern regions of China.
The rationale behind the estimated $30 million investment is to optimize group production, marketing and logistics capabilities; to strengthen Taiyo Yuden corporate culture in its China operations; and to raise levels of customer satisfaction through regionally produced components with wider distribution and faster customer delivery.
In April 2004, mass production will begin of high-capacity (0603 case size), multi-layer, ceramic capacitors. The second phase of the program will see the June 2004 operational start of Taiyo Yuden (Tianjin) Electronics Co. Ltd. The new 322,000ft² manufacturing plant in northern China will assume production of the company’s wound chip inductors, axial-leaded inductors and ferrite beads, following the recent transfer of manufacturing operations from Korea to the new primary market location.
