Japanese industrial components supplier Misumi Group has launched Misumi Americas and announced a $1 billion (¥150 billion) global investment program aimed at expanding its digital manufacturing and supply chain capabilities.
The initiative combines Misumi’s industrial components business with the AI-powered manufacturing platform acquired through Fictiv, positioning the company as a broader manufacturing and supply chain partner rather than solely a parts supplier.
The expansion includes significant investment in the United States and marks the appointment of Dave Evans as the first American CEO of Misumi Americas. [Read more…] about Misumi launches Misumi Americas as part of $1 billion global manufacturing investment