News Release

March 11, 2013

Satake Thailand Aspires to be a Hub of Production to Asia

Completely recovered from flood damage, Satake Thailand expands business by establishing 2nd factory

Satake (Thailand) Co., Ltd.,a subsidiary of Satake Corporation, is expanding its business as a hub of production for Asian countries. The company has completely recovered from the flood in 2011 and is establishing a 2nd factory in July 2012.

Full View of Satake Thailand (Near side : Existing Factory, Far side : New Factory)

Satake (Thailand) Co., Ltd. (hereinafter referred to as “Satake Thailand”) is playing an ever-greater role in the Asian market. As Asian economies grow, its sales increase every year from ASEAN nations, like Myanmar and Indonesia, Thailand and India.
The Thai market especially is expected to grow as its industry increases plant capacity and secures the position as largest rice exporter in the world in 2013; in 2012 Thailand had fallen to 3rd.
Acknowledging these trends, Satake Thailand acquired the land next to its existing factory in July 2012 and established a new factory to expand its business and strengthen its position as a hub of production for Asian countries.
Satake Thailand had planned to buy the another lot and construct a new factory building, but instead purchased the land and buildings from an adjacent Japanese-affiliated company that decided to withdraw after the flood.
Since its completion, the new factory has operated without incident and is producing rice processing machines. The new factory has 7,700 square meters of land area and 2,500 square meters of building area. The expansion increased production capacity of Satake Thailand by 50%.
Satake Thailand manufactures and supplies rice processing machines, like paddy huskers and rice milling machines, mainly to Asian countries. The flood occurring from October 2011 damaged most machines and equipment, but the factory resumed regular manufacturing on February 29, 2012 following reconstruction. The industrial park where Satake Thailand is located is constructing a flood preventing dike around the whole industrial park area, to avert primary damage from floods.

Appendix

Satake Thailand 2nd Factory

Business Proprietor: Satake (Thailand ) Co., Ltd.
Address : 133 Moo 5, Bangkadi Industrial Park, Tivanon Road, Patumthani, 12000, Thailand
Representative : Shoichi Tanaka (President of Satake Thailand)
Land Area : 7,700 square meters ( 20,000 square meters including existing factory)
Building area : 2,500 square meters ( 11,000 square meters including existing factory)
Date of Completion : July 2012
Production item : Rice processing machines ( Paddy husker, Rice milling machine, Polisher, etc.)

* Please note descriptions in news releases are accurate as of the date of release and may differ from the most up-to-date information.