Product category:
Manufacturing dealerships, agencies and acquisitions
News Release from: Citizen Machinery UK
Edited by the Manufacturingtalk Editorial
Team on 22 January 2007
CNC lathe builders form business
alliance
An equity and business alliance has been formed between a builder of CNC sliding head automatic lathes and a manufacturer of fixed headstock mill-turning centres.
Citizen Machinery Co, a division of Citizen Watch Co, has formed an equity and business alliance with Miyano Machinery following the acquisition by Citizen of 29.9% of the stock of Miyano Citizen is the clear world leader in CNC sliding head machine tool technology for material up to 32mm bar size and Miyano, a clear leader in high productivity fixed head mill/turning in capacities between 35mm and 65mm bar size
This article was originally published on Manufacturingtalk on 24 Jul 2008 at 8.00am (UK)
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Linear drive automatic lathes are fast
Small parts machinist described Citizen CNC sliding head automatic lathes with linear motor axis drives as 'seriously quick' and very consistent in maintaining quality.
Both companies are complementary in their respective sectors geared to being high productivity solution providers in unmanned, multi-operational single cycle machining techniques.
By combining and sharing expertise in developing machine tools to improve productivity, the alliance will also increase economies of scale in machine tool build and enable expansion of both businesses and product lines in a global market place that has seized upon the advantages offered by single cycle machining strategies.
As a result of the alliance, both machine tool brands will maintain their independence and identities while plans will be laid to strengthen their marketing, sales and after service.
Both product ranges will be represented in the UK by existing companies; Citizen through NC Engineering of Watford and Miyano by Macro CNC Machine Tools of Brierley Hill, West Midlands. Request free introductory details about products from Citizen Machinery UK ...
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