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Amada Co., Ltd Completes Acquisition of Miyachi Corporation

Monrovia, CA – Miyachi Unitek Corporation, a leading manufacturer of welding equipment and laser processing systems, announces that Amada Co., Ltd completed a takeover of Miyachi Corporation on March 21, 2013. Miyachi is now a consolidated subsidiary of Amada. The combined companies have formed a strong global alliance, and are expected to extend existing technology into new areas, collaborate on business systems, and better adjust to market fluctuations.

Amada Co., Ltd. is a leading Japanese company, headquartered in Isehara, Kanagawa, which develops, manufactures, sells and services products and systems for metal sheet processing, metal cutting, pressing, and machine tooling. The company was established in 1946 and is listed on the Tokyo Stock Exchange (6113:Tokyo). It has 60 subsidiaries (17 in Japan and 43 overseas) and 6,467 employees as of March 2012. Its consolidated net sales for the fiscal year ending March 2012 was 186 billion Japanese yen.

“We are excited to move ahead with this collaborative relationship with Amada, and look forward to leveraging synergies to develop new technology and products, apply welding technology to other metal processing applications, and continuously enhance competitiveness,” said Dave Fawcett, President and CEO.

About Amada Miyachi America

Since 1948, Amada Miyachi America, Inc. has worked to achieve one goal: to solve customer’s manufacturing challenges. Knowing there is no one solution that fits all, the company strives to provide customers with innovative and reliable manufacturing technology solutions in an effort to be their single source provider. Amada Miyachi America manufactures equipment and systems for resistance welding, laser welding, laser marking, laser cutting, hermetic sealing and hot bar reflow soldering and bonding. The company serves a wide range of markets including medical devices, battery, aerospace, automotive and electronic components. Amada Miyachi America is an ISO9001 certified company. Contact Amada Miyachi America at info@amadamiyachi.com. Learn more about the company’s products and services at www.amadamiyachi.com.