Yokogawa Electric Corporation announces the establishment on April 1 of Yokogawa Electric International Pte. Ltd. (Yokogawa International), a Yokogawa Group company that will function as the headquarters for the industrial automation (IA) business in all regions other than Japan, China, South Korea, and Taiwan.
Yokogawa aims to become the top global player in the IA industry by 2010. The key to success is growth in markets worldwide. The new company, which is based in Singapore and monitors world markets from a global perspective, will be in charge of international sales administration including strategy formulation and the setting and management of objectives, global engineering service administration, and global business management.
The posts of President and Senior Vice President will be held by directors sent from Japan. While focusing Yokogawa International on global activities, the directors will make effective use of the Group’s global resources to accelerate the expansion of Yokogawa’s business.
| • Company name: |
Yokogawa Electric International Pte. Ltd. |
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| • Location: |
the offices of Yokogawa Engineering Asia Pte. Ltd.,
5 Bedok South Road, Singapore 469270 |
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| • Capital: |
one million Singapore dollars |
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| • Board of Directors: |
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President: |
Teruyoshi Minaki (also the head of the International Business Headquarters of Yokogawa Electric Corporation) |
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Senior Vice President: |
Takafumi Koyanagi (former Senior Vice President of Yokogawa Electric Corporation) |
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Vice presidents: |
Tony Lee Kong Ting (President of Yokogawa Engineering Asia)
Hideo Arai (Vice President of Yokogawa Engineering Asia)
Harry Hauptmeijer (President of Yokogawa Europe)
David Johnson (President of Yokogawa Corporation of America) |
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Director: |
Hajime Watanabe (formerly Manager of the Management Administration Headquarters, Affiliates Administration Department, Yokogawa Electric Corporation) |