Patec Press Machine launched in China
Patec Press will be introduced in China for the first time. Patec sees stong potential for its high performance press due to increased factory automation as a result of wage inflation in China.
- (1888PressRelease) June 27, 2012 - Patec will be exhibiting in Shanghai International Machine Tool Fair 2012 also known as EASTPO. It will be held at the Shanghai New International Expo Centre from 3rd July to 6th July 2012. EASTPO is one of the most important exhibition for machine tools in China, with 100,000 sqm in exhibition space, and attracting more than 110,000 trade visitors last year.
This is the first time Patec is participating in an exhibition in China, although it is a regular exhibitor in Europe, having participated in Blechexpo 2011 and Euroblech 2010, both held in Germany. Patec Press is already widely-used in China, mainly by high end Multi-National Companies for the production of metal components in the automotive, consumer electronics and hard disk drive sectors. This is the first step by Patec towards expanding its market share in China.
"We noticed a marked increase in enquiries from China over the last two years. There is increasing demand for high quality press machines due to manufacturing cost pressure, and stricter tolerances required of Chinese manufacturers. Our press machines, with its high rigidity and reliability, is highly desirable in production automation. Our users have achieved higher productivity and efficiency with Patec Presses." Said Sales Director, Mr Hiroyuki Hidaka.
In 2011, Patec Group set up a tooling R&D centre in Singapore. The R&D team collaborates with Patec customers to fully leverage on Patec Press to achieve technical breakthrough and improvements, thereby reducing production cost and improving their competitiveness.
"This is how we create value for our customers. We look forward to duplicating that success in China."
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