Fives announced a significant business initiative, breaking into unchartered territory, launching a business line for conveyance in North America. A ground-breaking move for the business and a strategic step for the organization, combining global resources industry-leading automation expertise.
Targeting Conveyance Opportunities in the Region
Focusing on future growth in the conveyance market, Fives will increase its overall footprint for the business line by 100%, and resources by 20%, hiring engineering, proposal engineers, and project management; cross-training teams to address anticipated demand within its Smart Automation Solutions Division.
Conveyors are found in many products Fives develops at all different types and sizes, typically a subset of a larger piece of equipment. The new conveyance group traditionally applies to the large-scale movement of loads in a manufacturing environment where the conveyor focuses on the project, for example, an assembly line producing electric vehicle batteries or a monorail for moving sea containers.
Fives Cinetic Corp.’s North American headquarters in Farmington Hills, Michigan, delivers a complete eco-system of automation products, supporting industrial washing automation traditional to vehicle powertrain, advanced battery products, and now conveyance. Subsequently, the site is fully equipped and backed by dedicated staff for conveyance technology product development, production, assembly, and test.
In parallel, Fives Cinetic Corp.'s Saltillo, Mexico operations comprise an advanced engineering team specializing in both mechanical and electrical disciplines, along with robust project management and support services.