Automation keeps manufacturing alive! - Fastems
Automation keeps manufacturing alive! - Fastems
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