On February 17, Pegasus Co., Ltd. - Shimamoto Auto Parts
Vietnam (100% of the capital of Japan) has inaugurated manufacture plant worth 20 million USD over an area of 2 hectares in Long Duc Industrial Park (Long Thanh
district). Chairman Dinh Quoc Thai attended.
This is a joint venture company between Pegasus Group and Shimamoto Group. Pegasus - Shimamoto Vietnam Auto Parts specializes in the production of spare parts, automotive parts, motorcycles, sewing machines and components for other industries. Gross domestic product is expected annual production of company about 58.6 million various products, equivalent to 38 million USD. In the first year, 100% of Pegasus products - Auto Parts Shimamoto Vietnam exports to markets in Thailand and Japan.
