A maker of rubber auto parts has borrowed Denso Corp.’s factory to replace its plant that was damaged in the March 11 earthquake. Denso, which is a part of Toyota Group, is the largest parts supplier in the world.
Toyota has said that its output in Japan will be limited by shortages of electronic, rubber and plastic parts. Denso and Denso East Japan Corp. (a subsidiary) have reached a deal to temporarily lend Denso East Japan's plant to Fujikura Rubber Ltd.
Many of this company’s plants have been shut down since the earthquake. Fujikura Rubber has gone to Denso about using the factory to build industrial rubber products.
Denso have already allowed the use of the buildings of Denso East Japan, of Tamura City in the Fukushima Prefecture as an emergency evacuation area. Denso East Japan, a wholly-owned unit of Denso Corp., has started to construct its sole manufacturing plant in 2010. The company is aiming to launch production in May 2011.
The company was established in April 2008 but because of the recession, it had postponed construction of its plant and the launch of operations. Denso said that Denso East Japan is still expected to produce air conditioning systems. However, these plans have been put on hold with the loan of the factory to Fujikura Rubber.