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Shimano re-opens Malaysia factory

Published July 20, 2021

Editor's note: This story has been updated to remove the first-quarter financials, which had previously been reported. Shimano's first-half financials will be released in early August.

OSAKA, Japan (BRAIN) — Shimano has re-opened its factory in Malaysia, according to a report out of Europe. The company's factory there had been closed since about June 14, and had operated at 60% capacity for two weeks before that, due to the COVID-19 pandemic.

Bike Europe reports that Shimano has announced it is “pleased to announce the resumption of our factory operations from 15 July, as per the permission of the Malaysian government.”

 

Topics associated with this article: Supply chain, Coronavirus