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Politics : Formerly About Applied Materials -- Ignore unavailable to you. Want to Upgrade?

To: StanX Long who wrote (64068)	5/29/2002 1:38:36 AM
From: StanX Long	Read Replies (1) \| Respond to of 70976

Toshiba to Redevelop Factory Site in Kawasaki, Near Tokyo quote.bloomberg.com Tokyo, May 29 (Bloomberg) -- Toshiba Corp., maker of Dynabook computers, said it will redevelop land where it used to operate an old factory. Toshiba will meet the press at 3 p.m. local time to discuss details of the plan to develop the site, located in Kawasaki, near Tokyo, said spokeswoman Midori Suzuki. Toshiba will spend 50 billion yen ($401 million) to develop 11 hectares of land jointly with Mitsui Fudosan Co., Japan's biggest real estate company, Nikkei Telecom news service said without citing anyone. The two companies are planning to build a large commercial center with a convention hall and stores, the report said. (Nikkei Telecom, 5-29) For the Nihon Keizai Web site, see {NKEI } -- Tak Kumakura in the Tokyo newsroom (813) 3201-8963 or tkumakura@bloomberg.net with reporting by Keiko Kambara and Kyoko Suzuki. Editor: Tan Story illustration: Click on {6502 JP DES5 } for a look at Toshiba's earnings and sales over the past eight years. 6502 JP 8801 JP