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Tokyo, Japan -
April 1, 2005 Establishment of Yokogawa Electric International in Singapore to Oversee Yokogawa's Business Outside the Far East 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.
About Yokogawa Yokogawa's global network of 19 manufacturing facilities and 85 companies spans 40 countries. Since its founding in 1915, the US$4 billion company has been engaged in cutting-edge research and innovation, securing more than 8,000 patents and registrations, including the world's first digital sensors for flow and pressure measurement. Industrial automation and control, test and measurement, information systems and industry support are the core businesses of Yokogawa. For more information about Yokogawa, please visit our web site at www.yokogawa.com. |
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