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May 17, 2022updated 27 Jul 2022 5:20pm

Construction commences on $18,175m K2 Manufacturing Facility in Japan

By Carmen

Construction work on the $18,175m K2 Manufacturing Facility located in Kitakami, Iwate, Japan commenced in Q2 2022. It was announced in Q4 2020.

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The project involves the construction of a flash memory manufacturing facility in Kitakami, Iwate, Japan.

The project includes the following:

1. Construction of a production unit2. Construction of an assembling unit3. Construction of a testing unit4. Construction of a distribution unit5. Construction of warehouse facilities6. Construction of office space7. Installation of safety and security systems

Construction on the project is expected to be completed by Q4 2023.

Owners of the project include Japan-based Kioxia Holdings.

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