Fastener Shanghai
fastener
Official WeChat
fastener
fastenerHomefastener
fastener
fastenerNewsfastener
fastener
fastenerfastenerBuyers' Guidefastener
fastener
fastenerStandard Searchfastener
fastener
fastenerFor Buyersfastener
fastener
fastenerFor Suppliersfastener
fastener
fastenerMagazinefastener
fastener
fastenerTrade Showsfastener
fastener
fastenerMy Officefastener
fastener
fastenerPost Inquiriesfastener
Home->Fastener News->Japan’s high-tech Olympics stalled by lack of low-...You are the 677915 visitors
Views:528   |   recommendation:   |   Votes:0   |   Discuss:0
Japan’s high-tech Olympics stalled by lack of low-tech bolts

An aerial view of Japan's National Stadium under construction in Tokyo for the upcoming Tokyo 2020 Olympic Games CREDIT: AFP

Efforts to deliver the most high-tech Olympic Games in history in 2020 are in jeopardy due to a shortage of one of the most basic components used in Japan’s construction industry - the bolt.

Tuesday marked 500 days until the opening ceremony for Tokyo 2020, which will feature more than 11,000 athletes competing in a record 339 events across 33 sports. For the first time, the Games will include karate, skateboarding, sport climbing and surfing.

Preparations for the Games include a massive construction spree, for venues, infrastructure projects, the Olympic Village and numerous new hotels that are needed to accommodate the anticipated influx of spectators.

The building boom has led to a shortage of components, however, with 83 percent of the 305 construction companies replying to a survey by the infrastructure ministry complaining that they cannot purchase enough bolts for their projects and that the shortage is causing delays in the construction work.

Bolt suppliers are generally able to deliver bulk orders within six weeks, the Yomiuri newspaper reported, but surging demand means that companies are now having to wait six months for bolts to be delivered.

Source: The Telegraph

2019/4/22 12:22:00

Previous:    Europe threatens tariffs on American ketchup, cheese and fish over Boeing subsidies
        Next:    China-Europe freight train cargo value surges by 106 percent

Recent Related News
Taiwan Fastener Exports Show Positive Growth in First Four Months--2019-07-22
China Fastener Exports Increase 3.2% during Jan.-Apr.--2019-07-04
Japan's Fastener Production Value Hits Record High--2019-06-14
Bolts Shortage in Japan Benefits the Korean Fastener Maker KPF--2019-06-04
Taiwan Fastener Export to China Mainland Drops but Export to Russia Shows the Highest Increase --2019-05-30
Japanese Nitto Seiko's New Base in Guangzhou (China) to Expand Screw Sales--2019-05-27
Taiwan Fastener Export Volume Grows 0.37% to 0.131 Million Tons in April 2019--2019-05-22
China Fastener Exports Rise 43.4% in March--2019-04-29
China Export Tax Rebates for Fasteners Increased to 10%--2019-03-23
Top 100 China Fastener Suppliers 2018 Unveiled--2019-01-31
Taiwan’s Fastener Export Reached New High in 2018 --2019-01-29
Fastener Distributor Index Slips for Second Straight Month--2019-01-18

Vote for this news?

fastener(Very Good)
fastener(Good)
fastener(Normal)
fastener(Bad)
fastener(Very Bad)


Discuss
More Discuss...
Your Name: Anonymous

Enter the code shown:fastener7fastener

Fastener Trade Show Suzhou



China Fastener Directory
Get it FREE!
fastener
Get your CFD at the following shows:

•Vietnam Manufacturing Expo, Aug 14-16, 2019, Hanoi, Vietnam

•International Fastener Expo, Sep 17-19, 2019, Las Vegas, USA

•wire & Tube Southeast Asia, Sep 18-20, 2019, Bangkok, Thailand



Show Room



Offer Product

Latest News
• Former UK fastener manufacturer owner sentenced for bribery

• Sundaram Fasteners to go ahead with capex plan despite auto sector downturn

Buyers' Guide
Company News

• YuYao No. 2 Standard Fastener/YuYao Biaoer: A Reliable Partner For Eyebolts

• Haining R-Best: Focus on Quality, Be the Best Rivet Nut Supplier

The Way to Enter Chinese Market
The Way to Enter Chinese Market


fastener