NGK plans Gifu insulator factory

Kyodo

NGK Spark Plug Co., the world’s biggest producer of spark plugs, announced Thursday plans to build a new plant in Kani, Gifu Prefecture, at a cost of ¥28 billion to produce insulators.

The new plant will begin operating in April 2014 to make 13.5 million ceramic insulators for spark plugs per month for use at NGK’s plug plants in Japan and abroad, the Nagoya-based company said. NGK plans to employ 150 workers at the new plant.

The Kani plant will enable NGK to make 900 million plugs a year, up from the current 700 million. NGK decided to boost its plug production capacity in expectation of an increase in demand in view of growing automobile sales in emerging economies.

“We will keep our core technology within Japan. High-volume production will make the business profitable,” NGK senior managing director Shinji Shibagaki said.