Showa Denko Invests in AMI Automation

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TOKYO, Feb 8, 2021 - (ACN Newswire) - Showa Denko (SDK; TOKYO:4004) has acquired 50% ownership in AMI Automation, headquartered in Monterrey, Mexico, effective on 5th February 2021. AMI Automation provides fully integrated automation and control solutions to a wide range of industries. Showa Denko has an option to acquire the remaining 50% of AMI within 5 years.
AMI, through its Meltshop Solutions division, provides electrode regulation systems and EAF optimization services to improve operating efficiencies, while its Industrial Systems division is an automation and control solution provider for a wide range of industries around the world. AMI's electrode regulation systems are utilized to produce almost 90% of EAF steel in North America.

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