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Corporate Chronology

Present the history up to the present day from the founding of Oiles Corporation.

Year History
1939 “Japan Oilless Bearing Research Laboratory” established by Sozo Kawasaki (1907-1977).
Production and sales of “Oilless Bearings” began.
1952 Establishment of “Nippon Oilless Bearing Research and Development Co., Ltd.”
1954 Kamata Plant established in Tokyo
1961 Osaka Plant established in Osaka
1962 Yamato Plant established in Kanagawa Prefecture Production and sales of “Oiles Bridge Bearings” began
1966 Name of company changed to “Oiles Industry Co., Ltd.”
1967 Headquarters of company transferred to Fujisawa Plant established in Fujisawa City, Kanagawa Pref.
1970 Production and sales of “Oiles Drymet”.
Shiga Plant established in Shiga Pref.
1971 Oiles 500SP successfully tested at Bureau of Reclamation, U.S. Dept. of the Interior.
1973 Received Okochi Memorial Prize for the Oiles 80.
Production and Sales of “Cable Operator” commenced.
1974 “Oiles Pipe Supports” utilized in construction of Trans-Alaska pipeline.
1976 “Oiles America Corporation” established in Michigan U.S.
1977 “Oiles Tribomet GmbH” established in Germany.
1981 Delivery of “Wear Plates” to General Motors, U.S.
1983 Oita Plant established in Oita Pref.
1986 U.S. plant opened in Plymouth, MI
1987 The earthquake isolation structured Technical Center completed in the Fujisawa Plant.
1988 “Taiwan Oiles Corporation” established in Taiwan
1989 Registration of Oiles stock to the Japan Securities Dealers Association as an issue on the over-the-counter market
1991 U.S. plant relocated to Concord, NC
1993 Ashikaga Plant established in Tochigi Pref. Production and sales of “Oiles Floor Isolation System & Oiles Seismic Damping Wall”
1994 Oiles Corporation listed on the Second section of the Tokyo Stock Exchange.
1995 “Menshin Engineering Co., Ltd.” established.
1997 The ascension of Oiles Corporation to the First section of the Tokyo Stock Exchange.
1998 “Shanghai Oiles Bearing Inc.” established in China.
1999 Delivery of Oiles 500SP to Three Gorges Dam in China.
2000 Delivery of Oiles Cam Units to General Motors, U.S.
2002 “Oiles (Thailand) Company Limited” established in Thailand.
2003 “Oiles Czech Manufacturing s.r.o.” established in Czech.
2004 “Oiles Canada Corporation” established in Canada.
2005 “Oiles Suzhou Corporation” established in China.
“Oiles France SAS” established in France.
2011 “Oiles Self Lubricating Bearings Manufacturing Private Limited (Present name : Oiles India Private Limited)” established in India.
2012 Acquired a portion of stock of “Dalian Sanhuan Composite Technology Development Co., Ltd.” in China
2013 “Oiles India Private Limited” plant established in Neemrana.
2014 “Oiles ECO (SHANGHAI) CO., Ltd.” established in China.