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Electronics Production |
Mitsubishi Electric to set up industrial automation company in the Philippines
Mitsubishi Electric is planning to establish a new company, MELCO Factory Automation Philippines Inc. (MELAP) in the Philippines, to further expand its factory automation (FA) business in the country.
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.
