From Epson Corporate News  – TOKYO, Japan, December 8, 2011 –

Seiko Epson Corporation ("Epson," TSE: 6724) today announced that Group company Epson Atmix Corporation, the world leader^*1 in the manufacture of superfine alloy powder, would invest 3.2 billion yen in a new plant at the Hachinohe Kita-Inter Industrial Park in Aomori Prefecture, Japan. The new plant will approximately triple Atmix's current production capacity in water-atomized^*2 superfine alloy powder, enabling it to meet expanding demand from growing markets for goods such as smartphones and other high-performance mobile devices, automobiles, and medical equipment.

"We are very excited to announce the establishment of our new plant," said Satoshi Oguchi, president, Epson Atmix. "We are determined to serve our customers' growing demands for high quality magnetic powder and MIM powder, and this plant will help us to better serve their needs."

To accommodate these expanding markets, Epson Atmix will invest in the new plant, which will increase Atmix's magnetic powder and MIM powder production capacity to approximately 10,000 tons per year, or about triple its current capacity. The company plans to break ground on the new facility in the first half of fiscal 2012 and begin operations in the second half of 2013.

Epson Atmix is a customer-focused company that is committed to leveraging its unique metal powder manufacturing technology to continue to create customer-pleasing, trusted products and services of the highest quality.

New plant profile

Epson Atmix profile

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