Takasago Group has completed a new 16,000-square-foot factory at GIIC Industrial Park in Indonesia’s Java Province, in an effort to boost its expansion in the region.
The US $ 25 million investment aims to better serve its customers with faster lead times. Indonesia was chosen for its geographical location, stable economy, skilled workforce and good infrastructure, Takasago said. The company stressed that the opening will support the local community by offering job opportunities.
The plant will serve the South East Asian market with up to 14,500 tonnes of capacity per year. It also will support further expansion in Indonesia, which the company called “one of the most promising markets” in the region. The country boasts the fourth largest population in the world.
Takasago has a global presence with 26 facilities worldwide including the US, Brazil, China, Germany, India, Japan, Madagascar, Mexico, Morocco and Singapore.