Nikko Co., Ltd. to Establish a Subsidiary in the Kingdom of Thailand
May 28, 2020
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Nikko Co., Ltd. established Nikko Nil Khosol Co., Ltd. as Subsidiary, with a capital stock of THB 120 Million. The Location was Pinthong Industrial Park Phase 4, Chonburi Province, Kingdom of Thailand. The purpose of the business was Manufacture and sale of asphalt plants and industrial machinery. The factory has site area of 40,542 square metre, with an Investment of approx THB 350 Million. The start of Construction was August 2020 and the start of operation was October 2021.
NIKKO CO., LTD. is a Japan-based company principally engaged in the manufacture and sale of asphalt plants, concrete plants, as well as environment and transport machinery. The Company operates in three business segments. Asphalt Plant-Related Business segment produces asphalt plants, recycling plants, as well as compound silos, among others. Concrete Plant-Related Business segment produces concrete plants, concrete pumps, as well as factory equipment for concrete product production, among others. Environment and Transportation Related Businesses segment produces environment and recycling plants, conveyor systems. The Company is also involved in the manufacture of pipe frame scaffolds, steel road boards, pipe supports, small concrete mixers, mortar mixers, sluice gates, crushers, among others, as well as the sale of real estate leasing and home renovation.