About PSB TechnologiesFor 20+ years, PSB Technologies has been a leading provider of high precision automation equipment for Asia and beyond with a facility in the Bedok Reservoir industrial zone of Singapore. Automation, even though they may not compete head-to-head. In 2019, JR Automation was acquired by Hitachi, Ltd. Established in 1980, JR Automation is a leading provider of intelligent automated manufacturing and technology solutions that solve customers’ key operational and productivity challenges. All Rights Reserved. About Beijing BYJC-Fabricom Assembly Line Co., Ltd.Beijing BYJC-Fabricom Assembly Line Co., Ltd. Is a joint venture with Beijing No. JR Automation employs nearly 1,700 people at 14 manufacturing facilities in North America, Europe, and Asia. Since JR Automation was acquired by Crestview in 2015, it grew from $170 million in sales and five production facilities in North America to more than $600 million in sales and 23 facilities worldwide. Alex Rose, Partner and Co-Head of Industrials at Crestview, said, "The team at Crestview is incredibly proud of the dramatic growth and transformation of JR resulting from our successful partnership with the JR team.
JR Automation serves customers across the globe in a variety of industries, including automotive, life sciences, aerospace, and more.
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When the deal closes, Hitachi will acquire all shares in JR Automation held by U.S. private equity fund Crestview Partners.
FSA France's primary facility is in Besancon with an engineering office in Valence.
Crestview Partners has agreed to sell robotic systems company JR Automation to Japan's Hitachi for about $1.43 billion. The transaction is expected to close in the second half of 2019, subject to customary closing conditions including regulatory approvals. [])), +((!+[]+(!![])+!![]+!![]+!![]+!![]+!![]+!![]+[])+(!+[]+(!![])+!![]+!![]+!![])+(!+[]+(!![])+!![]+!![]+!![]+!![]+!![]+!![])+(!+[]+(!![])+!![]+!![]+!![])+(!+[]+(!![])+!![]+!![]+!![]+!![]+!![]+!![]+!![])+(!+[]+(!![])+!![]+!![]+!![]+!![]+!![]+!![]+!![])+(!+[]+(!![])+!![]+!![]+!![])+(!+[]-(!![]))+(!+[]+(!![])+!![]))/+((!+[]+(!![])+!![]+[])+(!+[]+(!![])+!![]+!![]+!![]+!![]+!![]+!![])+(!+[]+(!![])+!![]+!![]+!![]+!![])+(!+[]+(!![])+!![]+!![]+!![]+!![]+!![]+!![]+!![])+(!+[]+(!![])+!![]+!![]+!![]+!![])+(!+[]+(!![])-[])+(!+[]+(!![])+!![]+!![]+!![]+!![]+!![]+!![])+(!+[]+(!![])-[])+(+!! [])), +((!+[]+(!![])+!![]+!![]+!![]+!![]+!![]+!![]+[])+(+!![])+(!+[]+(!![])+!![]+!![]+!![]+!![]+!![])+(!+[]+(!![])+!![]+!![]+!![])+(!+[]-(!![]))+(!+[]+(!![])+!![]+!![])+(!+[]+(!![])-[])+(!+[]+(!![])+!![]+!![])+(!+[]+(!![])+!![]))/+((!+[]+(!![])+!![]+!![]+[])+(!+[]+(!![])+!![]+!![]+!![])+(!+[]-(!![]))+(+!![])+(!+[]+(!![])+!![])+(!+[]+(!![])+!![]+!![])+(!+[]+(!![])+!![]+!![]+!![]+!![]+!![]+!![])+(!+[]-(!![]))+(!+[]+(!![])+!![]+!![]+!![]+!![]+!!
Hitachi is looking to tap into JR Automation’s robotics integration expertise and customer base, which will also help Hitachi’s growing internet of things (IoT) business.