Nisshinbo closing hamamatsu mill

摘要

Nisshinbo Industries,Inc.will close its spinning mill in Hamamatsu in March next year.As a result of this mill closure,its total spinning capacity is expected to decrease from the current 305,000 spindles to 248,000.There will be no change in business performance because its mills in Indonesia,China and other countries will cover the decrease in Japanese production,according to a company official.