Thai factory automation industry getting massive, Mitsubishi targets US$210 million sales

Mitsubishi Electric logo outside Japan (The &q...

Mitsubishi Electric logo outside Japan (The “Blue MITSUBISHI” logo is used in Japan) (Photo credit: Wikipedia)

All that factory automation in Thailand, must really make them competitive. Japan’s Mitsubishi Electric Corporations, reorgaganizes in Thailand, tieing several firms together, into Mitsubishi Electric Factory Automation (Thailand) Co., Ltd. (MELFT). With this new company, Mitsubishi Electric envisions factory automation sales in Thailand reaching JPY 20 billion (USD 210 million) by the fiscal year ending in March 2018. MELFT will leverage the strengthened FA product and CNC sales and service capabilities to provide ample opportunities for future growth in this high-priority market. The new company brings together the acquisition of FA product distributor F.A. TECH and the integration of the FA product and Computer Numerical Controller (CNC) sales and service divisions of Mitsubishi Electric Automation (Thailand) Co., Ltd. (hereinafter MEATH). MELFT commenced sales activities yesterday. (Source)

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