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Automation keeps manufacturing alive! - Fastems

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FAsTEMs AND FINN-PoWER AgREE To coNTINuE MANuFAcTuRINg AND<br />

DEvELoPINg MATERIAL AuToMATIoN coMPoNENTs FoR FINN-PoWER’s NIghT<br />

TRAIN FM sysTEMs.<br />

On May the 7th, 2007, <strong>Fastems</strong> and Finn-<br />

Power signed new cooperation agreement to<br />

manufacture and develop material automation<br />

components for Finn-Power’s Night<br />

Train FMS. The agreement is in force from<br />

1.9.2007 whereafter the full supply responsibility<br />

shifts to <strong>Fastems</strong> on 1.1.2008.<br />

This agreement continues cooperation<br />

between <strong>Fastems</strong> and Finn-Power, the Finnish<br />

sheet metal turret punch machine maker.<br />

For the last few years <strong>Fastems</strong> has already<br />

been <strong>manufacturing</strong> stacker cranes for Finn-<br />

Power.<br />

leading sheet metal technology<br />

Finn-Power is one of the world’s leading<br />

sheet metal working technology and<br />

machine suppliers. A significant portion<br />

of Finn-Power’s turnover is generated by<br />

automated cell and system products that<br />

are capable of unmanned production. The<br />

market demand, especially of high technology<br />

products, is increasing and the company<br />

supports its global development strategy<br />

through deep cooperation with selected<br />

partners. This cooperation aims to harness<br />

competitive advantages from both new construction<br />

solutions and more focused production<br />

capacity.<br />

growth and cooperation<br />

One element of <strong>Fastems</strong>’ growth strategy<br />

is to deliver proven system components to<br />

customers outside their own direct customer<br />

segments, and the new agreement is a good<br />

example of this. The close cooperation be-<br />

Tomas Hedenborg, CEO,<br />

Finn-Power (left) and Jarmo<br />

Hyvönen, CEO, <strong>Fastems</strong>.<br />

<strong>Fastems</strong> and Finn-Power<br />

cooperation expands<br />

tween <strong>Fastems</strong> and Finn-Power offers both<br />

parties a competitive advantage, with Finn-<br />

Power gaining added value from the expert<br />

partner in their own field. As such, the Finn-<br />

Power Night Train FMS® brand will continue<br />

to be combined with <strong>Fastems</strong>’ trade<br />

name addition. Machine interfaces, control<br />

systems, installation-service and spare part<br />

services will remain at Finn-Power.<br />

“Tight cooperation between <strong>Fastems</strong><br />

and Finn-Power, the leaders in their respective<br />

fields, benefits both companies and their<br />

customers. At <strong>Fastems</strong>, we are delighted<br />

to be serving customers in new markets<br />

with our technology and know-how. This is<br />

what mutual success is all about, ” says Juha<br />

Pihlajamaa, Product Manager, Finn-Power<br />

products.<br />

1 • 2007 | 17

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