History of our company
Mar. 24, 1951 | Established TOWA TSUSHO CO., LTD. (Capital stock: 7,500,000 yen) Started business since obtaining utility model right for spray-type phosphate coating equipment (Spra-bonde equipment), mainly undertaking its design and manufacture in conjunction with sales of chemicals of Nihon Parkerizing Co., Ltd. |
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Mar. 1960 | Became a subsidiary of Nihon Parkerizing Co., Ltd. Started design and manufacture of Spra-bonderite equipment and all kinds of painting equipment, scrubbers and ovens. Changed its company name to SHIN TOWA TSUSHO KOGYO CO., LTD. Started design and manufacture for integral paint plant besides pretreatment equipment. |
Nov. 1960 | Absorbed Nagoya factory of Nihon Parkerizing Co., Ltd. and changed its company name to PARKER SANGYO CO., LTD. Increased its capital stock to 30,000,000 yen |
Aug. 1963 | Increased its capital stock to 60,000,000 yen |
Nov. 1966 | Increased its capital stock to 120,000,000 yen |
Nov. 1986 | Changed its company name to PARKER ENGINEERING CO., LTD. |
Feb. 1987 | Established PE OF AMERICA, INC. in Chicago, Illinois, USA |
Oct. 1987 | Established TAIWAN PARKER ENGINEERING CO., LTD. in Taipei, Taiwan |
Feb. 1988 | Established PARKER ENGINEERING (THAILAND), CO., LTD in Bangkok, Thailand |
Dec. 1988 | Increased its capital stock to 360,000,000 yen |
May. 1995 | Opened liaison office in Shanghai, China |
Nov. 1996 | Established P.T. PARKER ENGINEERING INDONESIA in Jakarta, Indonesia |
May. 1997 | Established P.E.T. TRADING CO., LTD. in Bangkok, Thailand |
Sep. 1999 | Sold off PE OF AMERICA, INC (USA) to Trutec Industries, Inc. |
Aug. 2000 | Took over all businesses (excluding hard-coat business) from PARKER ARRESTOR CO., LTD. |
Aug. 2001 | Increased its capital stock to 480,000,000 yen |
Dec. 2002 | Established PARKER ENGINEERING (SHANGHAI), CO., LTD in Shanghai, China |
Oct. 2005 | Established PARKER ENGINEERING (INDIA), PVT. LTD. in Gurgaon, Haryana state, India |
Jul. 2006 | TAIWAN PARKER ENGINEERING CO., LTD. merged with a surviving company Chung Jih Metal Treatment Chemicals, Inc. |
Jul. 2011 | Increased its capital stock to 494,745,000 yen through third party allocation to Dürr Systems GmbH. |