MEC COMPANY shares rise after announcing additional investment in Kitakyushu plant to meet semiconductor package substrate demand
MEC COMPANY LTD. <4971> shares rose after MEC announced an additional capital investment of about 2 billion yen after market close on Sep 30 to expand production capacity at its Kitakyushu plant, scheduled to begin operations in Dec 2026. MEC said the investment is aimed at meeting growing demand for semiconductor package substrate products, with the announcement drawing buying. The equipment covered by the additional investment is expected to come online in fiscal 2028.
Source: MINKABU PRESS
*Translated by generative AI. Click here for the original article.
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