STEERING A COURSE
FOR GROWTH Musashi is a global leader in the manufacture of precision steering systems and engine parts for many of the world’s biggest automotive manufacturers. Philip Yorke takes a closer look at its European operations and ambitious plans for growth.
M
usashi established its European manufacturing facility in Hungary in March 2000 as a subsidiary of the giant Musashi Seimitsu Industry Co. of Japan. The Hungarian plant was created to supply automotive parts to European car manufacturers as a tier one and tier two supplier, and at the same time be able to benefit from being located close to its customers’ manufacturing plants in eastern Europe.
Musashi Hungary produces a wide range of high-precision parts for engines and steering systems for global automotive brands such as Audi, Fiat, Jaguar Land Rover and Suzuki. Among the 20 sites that the Japanese company operates worldwide, Hungary is the only production facility within the Musashi Group located in Europe. However, the company also operates a special UK facility that serves as a technical support and
distribution centre for its UK customers and has its central European sales and marketing offices based in Germany.
Growing product portfolio Musashi is acknowledged worldwide for its high precision engine parts and steering systems. Today the company has an ambitious growth strategy in place. Mr Akira Mataga, managing director, explained, “We
