April 12, 2005
Amada and Mitsubishi Electric have announced that the companies are collaborating in the laser beam machining business. Aimed at enhancing competitiveness in the domestic sheet metal manufacturing industry and enhancing competitiveness in both the domestic and international markets, the collaboration is expected to expand in the future.
According to the companies, both have strived to enhance product capacity and response capability by using technical innovation, but have been urged to strengthen their businesses further in order to make their products even more competitive.
The companies have agreed to cooperate in their strategic businesses while enhancing competitiveness in global markets by maximizing the strengths of both companies. They will discuss laser beam machine technology and synergy effects in production in order to improve technology. Both will continue selling products under their own brands.