Japan-U.S. Business Report
After supplying several HITACHI METALS, LTD. divisions with specialty metal powders over the years, ULTRAFINE POWER TECHNOLOGY, INC. has named HITACHI METALS TRADING CO., LTD. as the exclusive distributor of its UltraFine gas-atomized products. In FY 2000, the trading company expects to sell nearly $1.6 million worth of the Woonsocket, Rhode Island company's products to electronics and precision equipment makers. Hitachi Metals' Purchase, New York subsidiary is the liaison between the two firms.
An exchange rate of ¥129=$1.00 was used in this report.
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