Accumulated production number of fuel injection pump for
diesel engine achieve 100 thousand
NICO precision, subsidiary of IHI and 100% owned by Niigata Powers
Systems Co.,Ltd, achieved its production 100,000 (Hundred thousand) of
fuel injection pump for small-medium sized diesel engine mainly
applicable for genset of marine and land use.
The fuel injection pump is one of key components for diesel engine and
since 1995, NICO precision entered into the business of manufacturing
and selling the fuel injection pump, it achieved 100,000 (Hundred
thousand) production number in accumulate basis.
In 2006, it had achieved 50,000 (Fifty thousand) production and reliable
quality of the product, the competitive price realized by improving
production control has been highly evaluated for the customer, major
engine maker around the globe.
At the initial stage, the production number was around 2,000 (Two
thousand), it has been growing up to 26,000 (Twenty six thousand) in
2008, yearly sale 3.7 billion Japanese Yen consists of 60% of total
sales of NICO precision in 2008 and its global market share reached in
30%, set top level ranking share.
In order to expand production capacity, the necessary investment has
been implementing in addition to thorough production improvement. In
February this year, the production line for fuel injection nozzle that
in high replacement demand as mainly spare parts was expanded to up
production capacity to 13,000 (Thirteen thousand) per months from
9,000(Nine thousand).
NICO precision continuously meet the latest demand from customers to
line up the next generation fuel injection system controlled by
electronics and to expand sale for Korea and Europe.