Business |
Murata to merge Vietnamese manufacturing subsidiaries
Saitama Murata Manufacturing, a Murata subsidiary, will be changing the company name of one of its Vietnamese manufacturing subsidiaries on February 17. The company will also merge two Vietnamese manufacturing subsidiaries into a single company from April 1.
The company’s Vietnamese manufacturing subsidiary, Murata Manufacturing Vietnam Da Nang Co., Ltd. will change its name to Murata Manufacturing Vietnam CO., Ltd.
Then, on April 1, Murata Manufacturing Vietnam Ho Chi Minh Co., Ltd. will merge with Murata Manufacturing Vietnam CO., Ltd. which will be the surviving corporation.
The Saitama Murata Manufacturing Group manufactures coil products using a proprietary winding process. It joined the Murata Manufacturing Group back in 2014. The merging of the manufacturing subsidiaries aims to improve the efficiency of Vietnamese operations and boost manufacturing capability.
