Shiseido manufacturing
This article was originally published in The Rose Sheet
Executive Summary
Japanese cosmetics maker announces plan to close two cosmetic manufacturing facilities in Maizuru and Itabashi, Japan. Closings are scheduled tentatively for June 2006 and reflect ongoing supply chain innovations. Maizuru closure follows facility's inability to take advantage of Shiseido's factory automation equipment, while the Itabashi factory will close because of suburban growth, firm says. Operations will be relocated to additional four facilities. Impact on profits and losses is expected to be minimal in fiscal 2004 and 2005...