Swagelok Company Announces Japan Growth Strategy
HYOGO, Japan (January 28, 2008) - Swagelok Company announced today that its authorized distributors in Japan will combine to form one single organization named “Nippon Swagelok FST, Inc.” This new and unique entity will become Swagelok’s largest independent distributorship in the world with more than 25 sales offices and 350 associates countrywide.
“Japan is our second largest market,” said Arthur F. Anton, president and CEO of Swagelok Company headquartered in Cleveland, Ohio. “We foresee major growth in this market by leveraging our resources, enhancing our customer service offerings and strengthening our market presence in Japan.”
Mr. Tatsuya Tamura, president of Koshinetsu Valve & Fitting Inc., one of Swagelok’s current distributors in Japan, will become managing director of Nippon Swagelok FST. Prior to his appointment at Koshinetsu V&F in 2001, Mr. Tamura spent 25 years with Nichimen Corporation, a leading Japanese trading company (currently Sojitz Corporation), where he most recently was assistant general manager responsible for chemical and petro-chemical investment projects in Europe, Africa and the Middle East.
Swagelok Japan, Inc., a subsidiary of Swagelok Company since 1976 and located in Nishinomiya, will support the new distributorship and continue to develop fluid systems solutions for Asia and the rest of the world.
Headquartered in Solon, Ohio, U.S.A., Swagelok Company is a major developer and provider of fluid system solutions, including products, assemblies, and services for the research, instrumentation, pharmaceutical, oil and gas, power, petrochemical, alternative fuels, and semiconductor industries. Its manufacturing, research, technical support, and distribution facilities support a global network of more than 200 authorized sales and service centers in 57 countries. For more information about Swagelok, visit the company’s Web site at www.swagelok.com.
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