On April 1, 2017, Ferrotec Corporation changed its name to Ferrotec Holdings Corporation and shifted to a holding company structure.
The holding company will be responsible for management, administration, and R&D across the Ferrotec group, while Ferrotec Corporation will be the operating company responsible for areas such as customer support, sales, manufacturing, and quality assurance.
The aim of adopting a holding company structure is to build the base for achieving the ideal shape and long-term vision of the Ferrotec Group as it seeks continued growth and development in a globalizing business environment. It also aims to strengthen group strategic functions and corporate governance, while delivering enhanced group synergies.
The Ferrotec Group will continue to contribute to society as a manufacturer, and a company whose progress brings joy to its customers, shareholders, employees, business partners, the community, and all of its stakeholders.
We appreciate your ongoing support into the future.
Akira Yamamura Founder and CEO