This news article was originally written in Spanish. It has been automatically translated for your convenience. Reasonable efforts have been made to provide an accurate translation, however, no automated translation is perfect nor is it intended to replace a human translator. The original article in Spanish can be viewed at José Peirats Torres, Responsable de Marketing

José Peirats Torres, head of Marketing

Drafting MU01/07/2008
"There has been a substantial change in the field of cutting tools, due to the landing of a number of brands on the market"
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As for cutting tools, which is our scope, I think has undergone a substantial change due to the landing of a number of brands on the market which has influenced the policy of prices of manufacturers of tools. I believe that it will be a before and an after and we are going to see in future more mergers between companies in order to be able to compete in the market. We are currently prepared to offer superior products in emerging sectors at a competitive price. On the other hand, we must make an effort to compete in more traditional sectors.

How will evolve the sector and present and future trends, I think that every company should consider, which is the real objective in the short and medium term to lead all efforts more correctly. Also the service and technical support will be very important in order to be leaders in this field.

EMPRESAS O ENTIDADES RELACIONADAS
Mitsubishi Materials España, S.A.
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