Saturday, Apr 27, 2024
logo
Update At 14:00    USD/EUR 0,93  ↑+0.003        USD/JPY 158,30  ↑+2.716        USD/KRW 1.376,46  ↑+6.26        EUR/JPY 169,30  ↑+2.418        Crude Oil 89,36  ↑+0.35        Asia Dow 3.742,95  ↑+12.87        TSE 1.826,50  ↑+4.5        Japan: Nikkei 225 37.934,76  ↑+306.28        S. Korea: KOSPI 2.656,33  ↑+27.71        China: Shanghai Composite 3.088,64  ↑+35.736        Hong Kong: Hang Seng 17.651,15  ↑+366.61        Singapore: Straits Times 3,31  ↓-0.004        DJIA 22,28  ↑+0.08        Nasdaq Composite 15.927,90  ↑+316.14        S&P 500 5.099,96  ↑+51.54        Russell 2000 2.002,00  ↑+20.882        Stoxx Euro 50 5.006,85  ↑+67.84        Stoxx Europe 600 507,98  ↑+5.6        Germany: DAX 18.161,01  ↑+243.73        UK: FTSE 100 8.139,83  ↑+60.97        Spain: IBEX 35 11.154,60  ↑+170.9        France: CAC 40 8.088,24  ↑+71.59        

New factory propelling Eight Tool’s growth in tools for new segments and markets

Flag USAFlag JAPAN
Article - September 13, 2023

With the opening of its new Tottori factory, Eight Tool is now targeting a wide range of markets from the bicycle to the space industries.

Companies that focus on high-quality products can often struggle to meet high-volume demand. Japanese tool manufacturer Eight Tool has managed to bridge the gap between quality and increasing demand with the construction of its new purpose-built facility.

Founded in 1958, the company has built its reputation on its specialization in hexagon wrenches and its focus on what president Yasuhiro Oka calls ‘Eight Quality’: “product quality, material quality, processing precision, the product line, and environmental consciousness.” The company is making the leap into the bicycle market and its KPH-1 multitool hexagonal wrench made a splash at the Cycle Mode Tokyo 2023 exhibition.

This new tool, which features a range of wrenches to fit cyclists’ needs - along with the expansion of Eight Tool’s international customer base - has seen an increase in demand which the company has met with the opening of its new Tottori facility in January 2023.

Eight Tool boosted its reputation with its groundbreaking EL/ARMOUR plating, which is free of hexavalent chromium. The plating provides wear and rust resistance while being environmentally friendly, and as Mr. Oka says: “we consider ourselves pioneers in this regard. The impact of this new product has been significant in the industry.”

The company has been expanding its operations with visits to the United States, East Asia and Southeast Asia, Europe, and South Africa, and Mr. Oka is aware of the importance of tailoring products to each market’s needs. While the products may be customized, one thing that won’t change is Eight Tool’s commitment to quality and longevity.

  0 COMMENTS