consolidation

Business / Corporate Jul 2, 2014

Olympus begins consolidating U.S. medical device output at new site

The U.S. medical technology unit of Olympus Corp. has started consolidating its production from five separate facilities to a new, larger site in a suburb of Minneapolis. The company on Tuesday transferred the first five of 23 production lines to the Brooklyn Park facility with ...

Business Mar 4, 2014

Regional banks face growing pressure to merge

by Taiga Uranaka and Noriyuki Hirata

Regulators are increasing the pressure on regional banks to consolidate, worried that shrinking populations outside Japan's major cities will leave lenders too weak to stand on their own. After direct prodding from the head of the Financial Services Agency for the more than 100 regional ...