October 1, 2017
Amada Holdings and Amada Machine Tools will implement investment strategies and M&A to expand their cutting tool businesses on.
The company plans to invest 3 billion yen, mainly in plants in Europe, to strengthen the production capacity of carbide blades. They are going to meet the growing demand for machining difficult-to-cut materials in the aerospace industry.
In addition, Sanwa Daiya Kouhan, which manufactures diamond blades etc., became a wholly owned subsidiary on October 1st. Taking advantage of the acquisition, the company will also develop new saw blades for new materials such as fine ceramics.