Japan's Fastener Production Value Sets Historical Record

In a general assembly held on May 16, The Fasteners Institute of Japan reported Japan's fastener production value of 2018 at a historical record of JPY 916.1 billion, up 2.6% from the previous period. The volume of production grew 2.4% to 3.285 million tons. This means Japan's fastener production and production value grew simultaneously last year and that the production value broke the past records.