- Factory Automation Systems
FOR IMMEDIATE RELEASE No. 3269
TOKYO, March 12, 2019 - (TOKYO: 6503) announced today the planned establishment of a new company, MELCO Factory Automation Philippines Inc. (MELAP) in the Philippines, to further expand ½Ý±¨×ãÇò¼´Ê±±È·Ö's factory automation (FA) business in the country, which is already experiencing significant growth. MELAP will be jointly established by ½Ý±¨×ãÇò¼´Ê±±È·Ö, Setsuyo Astec Corporation (STC) and Integrated Factory Automation Inc. (IFA), a FA product distributor and long-time partner of ½Ý±¨×ãÇò¼´Ê±±È·Ö 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. ½Ý±¨×ãÇò¼´Ê±±È·Ö 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 ½Ý±¨×ãÇò¼´Ê±±È·Ö's local FA business. Specifically, it will boost technical service capabilities in cooperation with ½Ý±¨×ãÇò¼´Ê±±È·Ö's global service network and will also strengthen solution offerings to meet automation and IoT demands.
MELCO Factory Automation Philippines Inc.
President | Albert Wang |
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Location | Manila, Philippines |
Ownership | ½Ý±¨×ãÇò¼´Ê±±È·Ö (40%), STC (20%) and IFA(40%) |
Capital | PHP 126 million |
Establishment | May 2019 (planned) |
Start of operation | June 2019 (planned) |
Employees | Approximately 60 |
Business |
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Setsuyo Astec Corporation
President&CEO | Motokazu Inaba |
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Location | Kita-ku, Osaka, Japan |
Capital | JPY 90 million |
Establishment | December 3,1964 |
Employees | Approximately 140 |
Business |
Sales and supply of electric equipment in Asia, including:
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