Prestar extends partnership with Japan’s Murata Machinery

Prestar Resources Bhd group managing director Datuk Toh Yew Peng

KUALA LUMPUR: Prestar Resources Bhd is extending its collaboration with Murata Machinery, Ltd (Japan) for the supply of automated storage and retrieval system (ASRS) racking system.

Murata is one of the largest designers and manufacturers of material handling systems in Japan with a leading edge in the manufacturing of Automation Integrator serving a global market in a wide range of industries.

In a statement Wednesday, Prestar said its wholly-owned subsidiary Prestar Storage System Sdn Bhd had recently entered into a supplemental manufacturing partnership agreement with Murata’s logistic and automation division to include additional nine subsidiaries of Murata from various regions and countries namely the US, China Europe, India, Thailand, Singapore, Vietnam, Taiwan and Hong Kong in the manufacturing partnership agreement.

With the supplemental manufacturing partnership agreement, Prestar Storage in total will be covering 10 regions including the main partnership located in Japan.

Prestar group managing director Datuk Toh Yew Peng said the extended collaboration would provide Prestar Storage with a growth opportunity to participate in the supply of ASRS racking system to various Murata subsidiaries and markets.

“This extended collaboration is expected to give Prestar Storage the instant accessibility for supplying ASRS racking system to e-commerce, pharmaceutical, omnichannel distributions, high throughput industries such as fast-moving consumer goods in the global market,” he said.

Article type: metered
User Type: anonymous web
User Status:
Campaign ID: 1
Cxense type: free
User access status: 3
Subscribe now to our Premium Plan for an ad-free and unlimited reading experience!

Prestar , Murata


Next In Business News

Asian shares tentative ahead of U.S. payrolls data, dollar nurses losses
U.S. Fed policy now more hawkish than policy rules suggest is needed
Ringgit opens higher vs US dollar for third day running
Quick take: Ranhill slips despite RM50mil contract win
FBM KLCI slips in early trade on profit taking
Trading ideas: AMMB, QL Resources, KNM, Sime Darby Plantation, Ireka, KPS, Ranhill Utilities
US economy grew slightly, inflation and rates cloud outlook
Wall St preps for year-end stock rally
Loan demand to buoy Malaysia banking sector
Asia factory activity shrinks on lockdowns

Others Also Read