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August 6, 2008

JAPAN/CHINA: Shikishima, Itochu in China bakery JV

Japanese baker Shikishima Baking Co. and local trading group Itochu are set to team up with Taiwan's Wei-Chuan Foods Corp. to sell bread in China.

Japanese baker Shikishima Baking Co. and local trading group Itochu are set to team up with Taiwan’s Wei-Chuan Foods Corp. to sell bread in China.


The companies plan to set up a venture in China and have proposed to build a bakery plant and start wholesale operations by 2010.


Construction of the plant will begin next year and the companies have targeted Shanghai as their first market.

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