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PRESS RELEASE from provider: Business Wire
This content is a press release from our partner Business Wire. The AP newsroom and editorial departments were not involved in its creation.

Mitsubishi Electric to Establish Industrial Automation Company in the Philippines

March 12, 2019

TOKYO--(BUSINESS WIRE)--Mar 11, 2019--Mitsubishi Electric Corporation (TOKYO:6503) announced today the planned establishment of a new company, MELCO Factory Automation Philippines Inc. (MELAP) in the Philippines, to further expand Mitsubishi Electric’s factory automation (FA) business in the country, which is already experiencing significant growth. MELAP will be jointly established by Mitsubishi Electric, Setsuyo Astec Corporation (STC) and Integrated Factory Automation Inc. (IFA), a FA product distributor and long-time partner of Mitsubishi Electric in the Philippines. The new company, which will start operating from June 2019, will provide sales and technical service for FA products.

Robust growth is expected in the Philippine industrial automation market, particularly in the electronics and food & beverage industries, as well as in connection with active investment in infrastructure. Mitsubishi Electric has been providing sales and technical support for FA products to customers in the aforementioned industries through local distributors such as IFA. MELAP is expected to improve customer satisfaction and enhance Mitsubishi Electric’s local FA business. Specifically, it will boost technical service capabilities in cooperation with Mitsubishi Electric’s global service network and will also strengthen solution offerings to meet automation and IoT demands.

For the full text, please visit: www.MitsubishiElectric.com/news/

View source version on businesswire.com:https://www.businesswire.com/news/home/20190311005307/en/

CONTACT: Customer Inquiries

Factory Automation Systems Group

Mitsubishi Electric Corporation

www.MitsubishiElectric.com/fa/Media Inquiries

Public Relations Division

Takeyoshi Komatsu

Mitsubishi Electric Corporation

Tel: +81-3-3218-2346

prd.gnews@nk.MitsubishiElectric.co.jp

www.MitsubishiElectric.com/news/

KEYWORD: ASIA PACIFIC PHILIPPINES JAPAN

INDUSTRY KEYWORD: TECHNOLOGY HARDWARE OTHER TECHNOLOGY MANUFACTURING OTHER MANUFACTURING

SOURCE: Mitsubishi Electric Corporation

Copyright Business Wire 2019.

PUB: 03/11/2019 10:10 PM/DISC: 03/11/2019 10:10 PM

http://www.businesswire.com/news/home/20190311005307/en