In an unusual move for a Japanese company, JAPAN ENERGY CORP. put its GOULD ELECTRONICS INC. subsidiary in charge of the company's worldwide printed circuit board materials businesses, including R&D, production and marketing. NIKKO MATERIALS CO., LTD., a wholly owned Japan Energy unit, and three of that firm's subsidiaries are being consolidated with Eastlake, Ohio-headquartered Gould Electronics. The combined organization makes copper foil, copper-aluminum-copper and adhesiveless flexible laminates for the PCB industry at 10 manufacturing facilities in North America, Europe and Asia. Its international copper foil capacity is estimated at close to 4,000 tons a month. The expanded Gould Electronics has some 1,300 people on its payroll and annual revenues on the order of $566 million.
An exchange rate of ¥106=$1.00 was used in this report. aaaaa