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Minebea: Notice Regarding Flood Damage in Thailand (Third Report)

Resource from:  Minebea Likes:2971
Oct 18,2011
Minebea Co., Ltd. announces the third report of the effects of the flooding in Thailand on its five manufacturing sites, as of twelve noon October 17. The floods are gradually advancing southward and beyond prophecy. However, Minebea's plants, which are not damaged by the floods, are every day conducting the reinforcement of the dikes within their premises. The flood damages are widespread. Minebea has halted operations at four plants, excluding the Lop Buri Plant, for safety of employees. Minebea will continue to strive to make the plants operative and to improve the flooding situation with prompt resumption of production in mind. Future operations will be decided in light of the situation as it develops. We will continue to monitor the extent of the flood damage and its effect on business performance and immediately report any developments risking a significant impact on business results.
(Minebea)
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