Business ExpandingMayr, a German manufacturer of industrial safety brakes establishes a Japanese subsidiary in Tokyo
May 28, 2021
Mayr
is a German company specializing in the field of power transmission for industrial equipment that manufactures safety brakes, torque limiters, couplings, etc. Founded in 1897 and headquartered in Mauerstetten, southern Germany, it has 1200 employees worldwide. In addition to Germany, the company has its bases in eight countries worldwide, including manufacturing facilities in China and Poland, and conducts business in more than 40 countries.
- Establishment
- 2020/08
- Destination
- Tokyo
- Machinery & Semiconductor
-
Germany
The company's products are mainly used in industrial equipment such as elevators and wind power generators, machine tools, and industrial robot arms. In particular, it is the world’s market leader for safety brakes for elevators. It has developed a brake condition monitoring device that enables remote monitoring of brakes and achieves a substantial reduction in maintenance costs. Because of their high reliability, the company’s products also serve various non-industrial fields, such as nursing care and medical equipment.
The company has been expanding into the Japanese market through distributors. In August 2020, it established Mayr Japan LLC in Tokyo to boost sales and strengthen customer support in Japan.
Upon establishing its Japanese base, JETRO's Invest Japan Business Support Center (IBSC) provided consultation (tax) and information (market, regulations, and laws) and introduced service providers (tax accountants, printing companies, and translation companies).
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