October 1, 2003 - KOBE JFE Welding starts up


Kobe Steel, Ltd. and JFE Steel Corporation established KOBE JFE Welding Co., Ltd. on October 1. The joint venture manufactures solid welding wires for Kobe and JFE.

Production of solid welding wires at Kobe's Fukuchiyama Plant in Kyoto Prefecture and at JFE's West Japan Works in Kurashiki, Okayama Prefecture is now consolidated in Fukuchiyama. Both Kobe and JFE continue to market the welding wires themselves.


Profile of KOBE JFE Welding Co., Ltd.
Head office: Fukuchiyama, Kyoto (Kobe Steel's Fukuchiyama Plant)
Equity share: Kobe Steel 80%, JFE 20%
Capital: 500 million yen (common stock: 250 million yen;
additional paid-in capital: 250 million yen)
Production capacity: Roughly 5,000 metric tons per month
Annual sales: 6 billion yen
Employees: Approximately 180




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