NetComposites
Attwater

Yamaha Motor, Yanmar Diesel to set up boat manufacturing jv in mid-April

28 March 2002

Yamaha Motor Co Ltd said it has agreed with Yanmar Diesel Engine Co Ltd to set up a joint venture for the manufacture of pleasure boats and fishing boats using fiber-reinforced plastics.

The joint venture will be set up on April 15. Yamaha said the new company, Y2 Marine Manufacturing Co Ltd, will be capitalised at 10 mln yen, with Yamaha Amakusa Manufacturing and Yanmar Shipbuilding & Engineering Co Ltd taking stakes in the new company. The new company will aim to post 8 bln yen in sales in the year to March 2004, it said.

""The joint venture will help cut costs through sharing each other's facilities and joint procurement of materials,"" Yamaha said in a statement.






Related / You might like...

TUBALL Nanotubes Enable Conductive, Coloured Gelcoats

BÜFA Composite Systems is developing conductive gelcoats incorporating TUBALL single wall carbon nanotubes.

Nanodiamonds Boost 3D Printed Polymer Performance

Finnish nanodiamond manufacturer Carbodeon and Dutch 3D printing specialist Tiamet 3D have announced the development of nanodiamond-enhanced filaments for 3D printing.

Revolution Fibres Gains Aerospace Certification, Triples Production Capacity

New Zealand company Revolution Fibres is tripling nanofibre production to meet increased international demand from a range of industries, from cosmetics manufacturers through to Formula One teams.