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.