RM Machinery Named Distributor of Mitsubishi Diamond
HUNT VALLEY, MD—Graphic machinery supplier Mitsubishi Heavy Industries Printing & Packaging Machinery (MHI-PPM) announced that the company has agreed in principle with RM Machinery (RMM) that RMM will be the authorized U.S. distributor of “Diamond” brand sheetfed offset presses manufactured by MHI-PPM. RMM will also be the authorized distributor of commercial web and newspaper presses manufactured by MHI-PPM.
In addition, RMM will supply parts and service for the existing Mitsubishi sheetfed press base in the United States. MHI-PPM and RMM are holding discussions to finalize the detailed conditions of the distributor agreement, which will commence Jan. 1, 2014.
In the future, MHI-PPM and RMM hope to expand the scope of the distributor relationship to include products to be manufactured by Ryobi MHI Graphic Technology, a new joint venture that MHI-PPM and Ryobi Ltd. are planning on establishing by integrating their respective sheetfed offset printing machine businesses, as previously announced on June 20.
RMM was established in 2013 in New Jersey by Rahul Kaushik, president of PanPac LLC, a used printing machinery dealer, and Marke Baker, senior vice president of Mitsubishi Heavy Industries America (MHI-A). Baker, head of MHI-A’s Printing Machinery Div., will serve as president of RMM. Most of the team members from the MHI-A Printing division intend to transfer to RMM. RMM will maintain a multimillion-dollar inventory of spare parts in the Philadelphia area.