We, Kobelco Compressors Corporation, have been operating air-compressor sales and services in Japan for 24 years, beginning July 1, 1997. From July 1,2021, the overseas operations of air compressors, sales and services of heat pumps, refrigeration compressors, and the development and manufacturing divisions, have been transferred from Kobe Steel, Ltd. to Kobelco Compressors Corporation and have made a new start as a standard compressor manufacturer. We will continue to provide our customers with reliable and highly efficient products and contribute to customers' sustainable productions and energy savings.
Press release from Kobe Steel, Ltd. on March 5,2021.
Announcement on company split (simplified absorption-type split) and succession of standard compressor business to wholly owned subsidiary