PT Indospring Tbk Stock

PT Indospring Tbk is an Indonesia-based manufacturing company, which manufactures leaf springs and coil springs, which are produced by either a cold or hot production process, under the license of Mitsubishi Steel Manufacturing, Japan. Its segment includes Spare part industry and Agricultural equipment industry. It is engaged in the specific gas industry such as gas, liquid or solid, construction design and installation of gas equipment in customer’s factories and hospitals and trade in gas products. The Company provides non-spring services, such as agricultural equipment. It has approximately four spring factories with each product capacity of 135,000 tons of leaf springs, 6,600 tons of coil springs and 4,200 tons of cold coil springs consisting of valve springs, wire springs and other cold springs. It also produces over 5,400 tons of stabilizer bars and 6,600 tons of motor vehicle brake components. Its subsidiaries include PT Indobaja Primamurni and PT Sinar Indra Nusa Jay.