METALWORKING SOLUTIONS COMPANY
In the automotive and aircraft industries, demand for leading-edge materials and technologies continues to grow. The Metalworking Solutions Business Company applies technological expertise accumulated over years to meet these needs. We supply customers around the world with cemented carbide products, which are essential to parts processing.
The Metalworking Solutions Business provides an extensive lineup of cutting tools used in processes including lathe turning, milling, and drilling, as well as wear-resistant tools and rock tools. The department manufactures these products in Japan and overseas, sells them in global markets, and has a leading share of the Japanese market.
We are also undertaking the recycling of tungsten, a rare metal, and focusing on the recovery of used cemented carbide tools.
In the Metalworking Solutions Business, by the early 2020s we aim to garner a world market share of more than 10% for cemented carbide products. Targeting the automotive, aircraft and medical industries, which are focus areas for this business, we aim to reinforce our product supply capabilities, as well as our ability to resolve problems. We are also working to increase sales to major customers in various industries. As we expect overseas demand to continue growing, we are aggressively strengthening and expanding our overseas production, technical and sales bases.
Manufacturing evolves constantly. As a company that manufactures and sells cutting tools, our mission is to provide products that meet customers' needs in a timely manner.
To achieve this goal, it is essential that we make an aggressive push to ensure that we ascertain issues faced at the locations where our customers are developing their operations globally, then provide optimal proposals that leverage the expertise we have accumulated over years and verify their implementation.
We make full use of our technical centers in Japan, the United States, Mexico, China, Thailand, Germany, Spain, India, operating under the brand message of “Your Global Craftsman Studio” and communicating with our customers on a daily basis.
Our Metalworking Solutions Business began in 1931 with the sale of cemented carbide tools under the product name of “Tridia.”
|1942||Established the Tokyo Metals Plant (later the Tokyo Plant, relocated to Tsukuba in 1991)|
|1944||Established the Niigata Metals Plant (now Diamet Corporation)|
|1963||Established Japan New Metals Co., Ltd.|
|1966||Established Mitsubishi Mallory Metallurgical Co., Ltd. (later Mitsubishi Materials C.M.I. Corporation, now NIDEC Sankyo CMI Corporation)|
|1973||Established the Gifu Plant|
|1974||Established Mitsubishi Metals Spain SA (now Mitsubishi Materials España, S.A.)|
|1984||Established Mitsubishi Metals America Corporation (now Mitsubishi Materials U.S.A. Corporation)|
|1987||Established the Fujioka Plant (now Fujioka Plant of Diamet Corporation)|
|1991||Established the Tsukuba Plant (relocated from Tokyo Plant)|
|1993||Established Diamet Klang (Malaysia) Sdn. Bhd.|
|1994||Established Techno Ote Processing Corporation (now MMC Ryotec Corporation)|
|1995||Established MMC Tools (Thailand) Co., Ltd.|
|1996||Established Tianjin Tianling Carbide Tools Co., Ltd.|
|1997||Established MMC Metal Fabrication PT. (Indonesia)|
|2000||Acquired Shinko Kobelco Tool Co., Ltd. (now Akashi Plant)|
|2001||Established Miracle Tools America LLC|
|2011||Established Guangzhou Diamet Corporation|
|2014||Merger with Mitsubishi Materials Tools Corporation|
|2015||Converted Hitachi Tool Engineering, Ltd., to consolidated subsidiary, changed name to Mitsubishi Hitachi Tool Engineering, Ltd.|
|2017||Transferred in equity in Hitachi Metals MMC Superalloy, Ltd.|
|2020||Made Mitsubishi Hitachi Tool Engineering, Ltd. a wholly owned subsidiary and changed the name to MOLDINO Tool Engineering, Ltd. Transferred equity of Diamet Corporation.|