Gestamp announces the construction of its first plant in Japan

Strengthening a strategic relationship

The plant is scheduled to begin supplying components for the Japanese automotive market in the first half of 2018.

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Gestamp, a Spanish multinational specialized in the design, development and manufacturing of components for the automotive, has announced the upcoming construction of its first plant in Japan, in a ceremony held in the town of Matsusaka, in which the prefect of Mie, Eikei Suzuki; the mayor of Matsusaka, Masato Takegami; the CEO of Mitsui, Tatsuo Yosunaga and the president of Gestamp, Francisco J. Riberas.

 

The new plant will be operational in the first half of 2018. It is planned that 70 people will work there in the first phase. The number of jobs could reach 180 if the plant's growth expectations are met.

 

Gestamp Hot Stamping Japan, the name of the new plant, will involve an initial investment of 37 million euros for the Spanish multinational company, a figure that could reach up to 65 million euros (7.500 billion Japanese yen) in a second expansion. Parts manufactured in Matsusaka will be destined for the domestic market japanese automotive.

 

Thanks to the opening of Gestamp Hot Stamping Japan, Gestamp will improve knowledge of the needs of the Japanese automobile manufacturers, which the company serves in the plants they have in North America, South America, Europe and Asia.

 

 

Gestamp Hot Stamping Japan will have the latest hot stamping technology, which helps reduce the weight of vehicles

 

 

The constructed area of ​​the plant Gestamp en Japan It will occupy, in the two phases of its development, 15.000 square meters, on a plot of 59.000 m2. In these facilities, Gestamp will manufacture metal body components with hot stamping technology, key to reducing the weight of the vehicle. 

 

Gestamp will expand its industrial perimeter with Japan

 

Gestamp will add Japan a new country to its industrial perimeter, when the new plant that is now announced opens its doors in 2018, although the company already maintained an active presence in the Japanese market through technical and commercial offices that have supported its clients during the years. last years.

 

In this sense, the president and CEO of Gestamp, Francisco Riberas, pointed out that “Gestamp will offer, with all respect and humility, a cutting-edge industrial alternative that will complement the existing offer today in the Japanese market, something that our clients already know from our relationship with them in many countries.”

 

A reinforcement for the strategic relationship with Japanese clients

 

The announcement of the new plant reflects the strategic vision of Gestamp to grow with Japanese customers, who already account for 29% of global vehicle production, in addition to being a global benchmark for innovation in the automotive sector.

 

The relevance of Japan in the international strategy of Gestamp It is also demonstrated in his relationship with the business conglomerate Mitsui, which at the end of 2016 acquired 12,525% of Gestamp and since 2013 has been a 30% partner in the Group's American operations.

 

Francisco J. Riberas He remarked that “Gestamp "has firmly bet on Japan and what this country represents for the global automobile industry, both in innovation, efficiency and quality." “We are confident that, together with our partner Mitsui, we will continue to accompany our Japanese clients in different parts of the world, while offering them our most advanced technology in their home market,” added the president of Gestamp.