Japanese OHTAKE Expands Screw Feeder Sales with Its First Overseas Base
OHTAKE-Root Kogyo is going to expand sales of automated screw feeders used for production lines. The company is to set up a sales base in New Jersy State of the U.S. targeting sales to the U.S., Canada and Latin America. This is the first overses base for the company which is expected to push sales by 260% to JPN 2 billion. The new base will be wholly owned by OHTAKE with a capital investment between JAN 1-2 million. The current goal is to raise sales to JPN 200 million 3 years from now.
As the main product of OHTAKE, the automated screw feeders takes up 75% of the total revenues. They are mainly exported to China, South Korea, Taiwan among other Asia Pacific countries, while 3% to 4 % of the export goes to the Americas. These screw feeders are mostly used by the automotive industry. OHTAKE has more customers in the west side of Tokyo, so the the company is considering to set up a base in Tokyo or Sendai.