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October 2018

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Mitsubishi Electric to Acquire ASTES4 SA in Switzerland

Mitsubishi Electric Corporation, an MC Machinery automation solutions partner, has announced 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. This will provide its valued customers with integrated solutions that require less manual loading, unloading and sorting to realize higher productivity and efficiency. 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," said 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 do not 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 increased system engineering capabilities that can integrate the entire automation system.

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

For more information contact:

MC Machinery Systems, Inc.

85 Northwest Point Blvd.

Elk Grove Village, IL 60007

630-616-5920

sales@mcmachinery.com

www.mcmachinery.com

Mitsubishi Electric Automation Inc.

500 Corporate Woods Pkwy.

Vernon Hills, IL 60061

847-478-2100

us.mitsubishielectric.com/fa/en

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