Japan's Futaba to build 45 mln euro Czech plant

Newswire

PRAGUE, Aug 26 (Reuters) - Japan's car parts marker Futaba Industrial Co became the latest in a line of Japanese investors pouring money into the Czech Republic, pledging to build a new factory for 45 million euros and create 225 jobs. CzechInvest, the state-run agency for foreign direct investment, said on Monday Futaba planned to launch production of stamping press parts, exhaust systems and other car components in the central European country in early 2005. The new plant will be based ...

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