SAKAI, Japan -- Shimano, the world's largest bicycle parts maker, will use its new plant in Singapore as a hub for exploring Southeast Asia's high-potential market for sports bikes, Chairman and CEO Yozo Shimano said.
"Our Singapore plant is controlling our major overseas factories," he told Nikkei Asia in an exclusive interview. He continued that as demand for bicycles increases in Asia and Latin America, its Singapore plant, which mainly makes midrange components, will become even more important.
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