Alonte, Italy and Wuxi, China –January03, 2017
CMS and Micro Research today are pleased to announce a strategic alliance between the two companies that will enable the group to offer complete and more value-added coil production solutions to customers in HVAC industry.
With a combined 45 years of industry experience, a combined 75,000 square meters of production and service facilities and a combined staff of over 500 people, the two companies create a formidable unity that offers significant value to its existing and potential customers.
The two companies will jointly develop and market coil production solutions that combines CMS's superior technology in coil production equipment with Micro Research's world class capability in die building. This new group will fully capitalize and leverage the R&D, sales and service capabilities in three continents to provide added value to our customers. Additionally, the alliance will also invest in the research and development of next generation coil production technology that enables more efficient, flexible and cost effective production process.
"Our strategic vision is to create a unified group which focuses on delivering complete Production Process Solutions to our customers and to become a market leader through innovation and customer service." says Loris Sartori, CEO of CMS.
"This alliance between CMS and Micro Research creates a strong pact to offer our customers values beyond what any existing competitors can offer. It is very exciting for everyone from both companies to look forward to the collaboration and future success." says Leiming Cai, President and CEO of Micro Research.
The prospects of the CMS Micro Research alliance are greeted by very strong initial market reaction throughout the industry. Together, we are committed to deliver the best in class solutions with the best technology and best value to our customers.
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