Lorica International Partners With Asian Distributor, Fuji Electric Industries

By admin,

  Filed under: News & Updates
  Comments: Comments Off on Lorica International Partners With Asian Distributor, Fuji Electric Industries

San Diego, CA – June 12, 2015 – Lorica International, a developer of innovative materials and manufacturing methods in technical textiles and yarns, has signed a distribution agreement with the Fuji Electric Industries Co. Ltd. (Fuji Electric) to market and sell Lorica products in in Japan and potentially Southeast Asia and China.

 

Fuji Electric Industries Co. is a major Japanese supplier of electronic parts, communication devices, LED panels, and electric motors, with offices worldwide. Fuji Electric Industries Co. has agreed to be Lorica’s main distributor in Japan, focusing on both apparel and non-apparel applications with companies including Yuasa Corporation (a fire resistant (FR) glove manufacturer), Plantec Architects for non-apparel solutions, and Kondo Racing. Fuji intends to expand the distribution to Southeast Asia and China once Japanese companies adopt the product.

 

“In our 60+ years of business, we’ve developed an appreciation and need for novel materials, especially in the areas of thermal insulation and flame resistance,” said Bogac Develik of Fuji Electric Industries Co. “We are confident that we can leverage our long-standing relationships within the Japanese manufacturing sector to incorporate Lorica’s yarns and fabrics into their textile applications.”

 

“The agreement with Fuji Electric Industries Co. marks our entrance into the Japanese market for Lorica’s innovate textiles and yarns,” said Mark Zwerenz, CEO of Lorica International. “Fuji Electric Industries is a name brand with over 60 years of experience in Asia, making them an ideal partner to extend our brand and reach. Their initial introductions have already yielded interest in our products, and we are looking forward to demonstrating our yarns’ and fabrics’ unique qualities to companies in industrial protective clothing, military, law enforcement, firefighting and transport in Asia. We also see great potential industrial FR applications in aerospace, automotive, healthcare, building materials and home furnishings, lithium ion batteries and thermal insulation for hoses and cables.”

 

About Fuji Electric Industries Co., Ltd.

Founded in 1949, Fuji Electric Industries Co. is a major Japanese supplier of electronic parts with worldwide offices in Japan Singapore, Malaysia, China, Hong Kong, Thailand, and the United States.  Fuji Electric Industries Co. designs and delivers communication devices, LED panels, and electric motors throughout China and Southeast Asia. Fuji Electric is also ISO 14001 certified. ISO 14001 Environmental Management helps companies reduce their carbon footprint.

 

About Lorica International

Lorica develops innovative materials and manufacturing methods in technical textiles and yarns. The company’s flagship products are 100% OPF yarns and fabrics. Lorica pushes the boundaries of textile technology to address the critical and growing need for light-weight, comfortable, inherently fire-resistant and non-conductive materials for both apparel and industrial applications. For more information, please visit www.loricausa.com.

 

Company Contact:

Steve Bond

VP Marketing & Strategy

Tel 1-858-866-9966

steve.bond@loricausa.com

 

Investor Relations Contact:

MZ North America

Greg Falesnik

Senior Vice President

Tel 1-949-385-6449

greg.falesnik@mzgroup.us


Comments are closed for this post.