Sumitomo Metal Industries will expand its forged crankshaft output by around 50% YoY in 2010 from 2009 at its plants in Japan, China, USA and India. The operation reached the peak at the US subsidiary, International Crankshaft Inc. with recovering demand.
The Chinese subsidiary Huizhou Sumikin Forging Co. Ltd keeps increasing the output while the Indian JV SMI Amtek Crankshaft Pvt Ltd started operation in April. Sumitomo Metal Industries will try to increase the world market share to more than 10% by following growing demand both from Japanese automakers’ transplants and other makers in US, China and India.
