Mitsubishi Electric to Acquire ASTES4 SA in Switzerland

Chicago, IL – Mitsubishi Electric Corporation, an established MC Machinery automation solutions partner, announced today the acquisition of ASTES4 SA (ASTES4), a company based in Switzerland that is engaged in the development, production and sales of patented automated sorting solutions for sheet metal laser processing machines.

With ASTES4 as a wholly owned subsidiary, Mitsubishi Electric will offer integrated solutions to the global market with ASTES4’s automated sorting systems embedded into Mitsubishi Electric’s high value-added sheet metal laser processing machines. The company aims to further expand its worldwide business through this acquisition.

“This acquisition by our global partner Mitsubishi Electric is exciting to us at MC Machinery because it means our customers now have direct access to a premium sorting solution for their laser automation needs,” says Shane Herendeen, North America sales manager for fabrication at MC Machinery. “Shops of all sizes are requiring more speed and agility to get the job done and sorting can be a bottleneck if you don’t have the right solution in place.”

Mitsubishi Electric’s sheet metal laser processing machine business is developing globally in Japan, the Americas, Europe, China, Southeast Asia and India. The lack of human resources in production facilities, and the ability of fiber lasers to produce higher volumes, generally escalate the demand for a significant increase in productivity by automating sheet metal laser processing, including pre-and post-processing.

Sheet metal laser processing involves loading the material, laser cutting, unloading cut materials as well as removing and sorting cut parts from the frame. Lately, the worldwide demand for such sorting solutions is on the rise. ASTES4 provides flexible automated sorting solutions using its own patented technology with superior system engineering capabilities that can integrate the entire automation system.

By acquiring ASTES4, Mitsubishi Electric will support MC Machinery in further strengthening its lineup of automation systems with sorting solutions for sheet metal laser processing machines. This will provide its valued customers with integrated solutions that require less manual loading, unloading and sorting to realize higher productivity and efficiency.

“We are looking forward to incorporating the premier patented technology of ASTES4 with our industry-leading automation systems sold in North America,” says Herendeen. “Our automation customers already have an advantage and it’s very exciting to be a part of what we feel is the best “next step” in the process.”

MC Machinery Systems’ superior products are backed by industry-leading service and support. For more information about Laser, Press Brake, Wire EDM, Sinker EDM, Milling, High-Speed VMC, Turning, EDM Drill, or Consumable Products, contact MC Machinery Systems, Inc., 85 NW Point Blvd, Elk Grove Village, IL 60007, Phone: 630-616-5920 or visit www.mcmachinery.com.

Contact: Claudia Gutierrez

PR Account Executive

LoSasso Integrated Marketing

773.271.2100

cgutierrez@losasso.com

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