Mitsubishi Electric boosts CNC business in Brazilian market

Mitsubishi Electric has established a new company in São Paulo, Brazil, in an effort to strengthen its computerised numerical controller (CNC) business in the Brazilian market.

The new company, MELCO CNC do Brasil Comércio e Serviços, will reportedly aim for annual sales of $25m (£16m) by March 2016.

In July 2012, Mitsubishi Electric signed a business transfer agreement to purchase the CNC sales and service division of Automotion Industria, Comércio Importacao e Exportacao, a local sales and service agency that has provided Mitsubishi Electric CNCs and factory automation products and components to Brazilian machine tool manufacturers for the past 20 years.

The newly established company will expand local sales and service capabilities by increasing personnel, including Japanese staff from Mitsubishi Electric, further enhancing Mitsubishi Electric’s ability to provide local servicing for the rapidly increasing number of machine tools imported from countries such as Japan and Taiwan.