Nidec Corporation Expands Press Machine Business Through Acquisition Of Coil Processing Oem And Related Companies 64cd254927f16

Nidec Corporation expands press machine business through acquisition of coil processing OEM and related companies

Aug. 4, 2023
The acquisition of Automatic Feed Company, Lasercoil Technologies and Automatic Leasing enhances Nidec’s business for North American automakers and other metal forming industries

Nidec Corporation is expanding its press machine business by acquiring Automatic Feed Company, Lasercoil Technologies and Automatic Leasing. The U.S.-based companies manufacture press machine equipment or sell related components or services. The companies have strong ties to major U.S. automakers and Tier 1 suppliers, holding a 70% market share on certain segments of peripherals equipment for auto body parts press machine lines.

With the strategic acquisition, Automatic Feed joins the growing Nidec Press & Automation (NP&A) group of companies, which offers metal formers around the globe fully integrated turnkey manufacturing solutions from a single source. Headquartered in Minster, Ohio, NP&A serves as the global metal forming division for the Nidec Corporation, located in Kyoto, Japan.

Nidec said the company has strategically expanded its press machine business (manufacturing, sales and service) globally (see Figure 1), increasing its machine press and peripheral equipment offering through mergers and acquisitions. The newest acquisition of small high-speed presses, medium-sized presses, large presses and peripheral equipment will complete Nidec’s full turnkey line of medium and large presses and expand its sales to automotive customers in North America. Nidec will also incorporate blanking technology into its portfolio of products, which has the flexibility to be programmed to accommodate a variety of products and applications, with high precision blanking.

Founded in 1949, Automatic Feed Company is a designer and manufacturer of coil processing machinery and systems. The company has primarily been recognized for providing automotive original equipment manufacturers (OEMs) and Tier 1 suppliers with automated, high-speed blanking, cut-to-length, and laser blanking lines for surface-critical applications.

“This acquisition provides Automatic Feed a more competitive global footprint as well as complementary products within the same integrated group,” said NP&A CEO David Winch. “Metal formers are continuing to be tasked with an increasing amount of challenges and need a partner who can provide more integrated and full line solutions at a consistent high quality level, while providing a streamlined and effective customer support relationship.”

“We are excited to welcome the Automatic Feed Company to our comprehensive team,” said Ron Arling, president of Nidec Minster and Nidec Press & Automation. “We look forward to providing our customers with another synergistic resource from which to build an innovative and profitable manufacturing solution.”

Automatic Feed will join other metal forming OEM brands under the NP&A umbrella, including Minster Presses (Ohio), Arisa Presses (Spain), Kyori Presses (Japan) Vamco Feeds (Pittsburgh) CHS Coil Lines (Michigan) and SYS Controls and Automation (Germany).

Sponsored Recommendations

Covering the basics of choosing the right position feedback option for your application.
This white paper describes advantages of using advanced angle sensor technologies and focuses on best practices for correctly implementing non-­contact and touchless angle sensors...
Learn how Beijer’s X2 extreme HMI thrives in extreme oil & gas environments—this webinar breaks down specs, certifications, and integration strategies for industrial engineers...
NSK integrates advanced automation and drive technologies to deliver high capacity, high speed, ultra-precise indexing and positioning in a compact, flexible linear actuator: ...