Brother Industries Ltd., a major maker of sewing machines and computerized documentation machines, said Friday its Hong Kong subsidiary will form a new arm in Shenzhen, China, to manufacture ink-jet printers for use in digital hybrid machines combined with facsimile machines.
Brother Industries (Shenzhen) Ltd. will be capitalized at $15 million and 100 percent owned by Hong Kong-based firm Brother Corp. (Asia) Ltd., the company said.
The new Shenzhen subsidiary will hire 700 people and is aiming for monthly output of 60,000 ink-jet printers along with ink-jet printers that combine other computerized documentation devices, including facsimile machines and copiers, it said.
The new subsidiary's factory will kick off production in June.
Brother Industries chose Shenzhen for its proximity to the Hong Kong subsidiary's Buji Nan Ling Factory, which has been manufacturing laser printers, it added.