Nippon Paint Holdings Co., Ltd. today, February 7, 2017 announced the establishment of its subsidiary Nippon Paint Automotive Coatings (Czech) s.r.o., which will produce paint and coatings intended for the automotive industry in Kolín. The company thus intends to expand and strengthen its activities on the European market.
The amount of the investment in the new factory is currently not yet known. The company plans to complete construction in October 2018 and commence production in January 2019.
More information is available in the attached press release from Nippon Paint.