The public listed thread tapper maker OSG has started construction of the "Neo Factory" to revolutionize its domestic manufacturing system.

It is simultaneously developing the "OSG 4.0 Project" to ultimately achieve high quality, low price and quick delivery of both small-batch special products and mass-produced products, seeking to build a manufacturing system that further improves customer satisfaction.

By 2024, OSG aims to achieve 60% unmanned operation rate within 72 hours, 85% plant utilization rate, 10 cost reduction and digitalization. OSG expects to invest JPY 22 billion by 2019 and expand its plants in Taiwan and Mexico. It expects to invest JPY 50 billion globally in equipment within the next 4 years.

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