CKD and TOYO AUTOMATION to jointly develop electric actuators

CKD Corporation entered into a joint development agreement with TOYO AUTOMATION CO., LTD. for motor-integrated electric actuators, and will invest approximately 500 million yen to acquire a 10% stake in TOYO. New products are expected in spring 2018.

“We will jointly develop electric components utilizing the strengths of both companies to enhance our product lineup.”ckd.co.jp

• 1 source
• ckd.co.jpJoint Development of Electric Components with TOYO AUTOMATION CO., LTD. in Taiwan | News | CKD Corporation Official WebsiteDec 1, 2017

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