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AFCOT Ltd., the Sanyo agents in Kenya, approach ARMCO with a proposal that both firms manufacture Sanyo radio sets in Kenya.
ICDC, AFCOT and ARMCO decide to form a new company – Sanyo Armco LTD. to start manufacture of transistorized Sanyo Radios in Kenya with 15 employees and producing 300 sets in a month.
Sanyo Armco embarks on an expansion program with 35 employees. Production of radios goes up to 4000 sets a month.
After a grant of 2.34 acres from the Lands’ office, plans are drawn to build a modern factory in Nairobi
Sanyo Armco’s modern building, the biggest and most modern factory premises is built. Workers move in October. Sanyo Armco exports its first batch of radiograms and record players to Ethiopia. The head of the Sanyo group of companies Mr. K. Iue and the Managing Director Mr. E. Kamuro visit the Sanyo Armco factory in Nairobi and pay a courtesy call to the President of Kenya, Mzee Jomo Kenyatta.
President Mzee Jomo Kenyatta officially opens the Sanyo Armco factory – now employing a staff of 200.
Sanyo Armco starts assembling HI-FI equipment and cassette tape recorders.
Sanyo Armco launches a KShs 5 million expansion plan by adding another assembly line and now employs 300 workers.
Sanyo Armco starts assembling home appliances. Mr. E. Kamuro – Vice President of Sanyo Japan visits Armco factory and commends its progress.
Sanyo Armco celebrates 10 years of operation. Preparations are finalised for colour TV assembly.
Assembly plant closed and sold due to government’s liberalization policy. New policy is to import and distribute finished Sanyo products in the East African region.
Management restructure – Mr. M. A. Parkar pulls out due to conflict of interest with other businesses.
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