Epson Atmix Begins Construction of New Plant

- Plant will triple manufacturing capacity for superfine alloy powder -


Image of the new Kita-Inter Plant

- TOKYO, Japan, June 13, 2012 -

Seiko Epson Corporation ("Epson," TSE: 6724) today announced that Group company Epson Atmix Corporation had begun construction of its new Kita-Inter Plant. Epson Atmix, which is located in Hachinohe-shi, Aomori Prefecture, Japan, is the world's leading manufacturer of superfine alloy powder*.

Epson Atmix will invest 3.2 billion yen to triple its current production capacity to 10,000 tons of superfine alloy powder. The company plans to use the new plant to manufacture the powder used to create components for sophisticated mobile devices such as smartphones, automobiles and medical instruments.

The new plant is scheduled to begin operations in the second half of 2013.

New plant profile

Name Epson Atmix Kita-Inter Plant
Address 2 Hachinohe Kita-Inter Industrial Park, Aomori Prefecture
Investment Approximately 3.2 billion yen
Manufactured products Superfine alloy powder (magnetic powder and MIM powder)
Completion date Second half, FY2013
Floor area Approximately 3,300 m2 of factory floor space on a 20,500 m2 lot
No. of employees Approx. 40 (at start of operations in FY2013)

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.

* Market share based on FY2011 annual sales (according to Epson Atmix research as of April 2012).

Epson Atmix profile

Name Epson Atmix Corporation
Location 4-44 Kaigan, Aza, Kawaragi, Hachinohe-shi, Aomori, Japan 039-1161
President Fumiaki Akahane
Established October 1, 1999
Employees Approx. 280
Capital 450,000,000 yen (Epson Atmix is a wholly owned subsidiary of Seiko Epson Corporation)
Businesses Development, manufacture, and sales of metal powder, metal injection molded parts, and synthetic quartz crystals

Links

For further information, please visit the Epson Atmix web site at:
http://www.atmix.co.jp/eng/E_index.html

More information on Epson Atmix superfine alloy powders:
http://global.epson.com/newsroom/2011/pdf/20111208.pdf

About Epson
Epson is a global imaging and innovation leader whose product lineup ranges from inkjet printers and 3LCD projectors to sensors and other microdevices. Dedicated to exceeding the vision of its customers worldwide, Epson delivers customer value based on compact, energy-saving, and high-precision technologies in markets spanning enterprise and the home to commerce and industry. Led by the Japan-based Seiko Epson Corporation, the Epson Group comprises more than 75,000 employees in 97 companies around the world, and is proud of its ongoing contributions to the global environment and the communities in which it operates.
http://global.epson.com/