Japanese sewing technology giants JUKI Corporation and PEGASUS Sewing Machine Mfg. Co., Ltd. have entered into a basic business alliance agreement focused on the development of the industrial sewing machine business.
Purpose of the business alliance is to capture the progress of digital and IoT innovations in the new normal business landscape during COVID-19 era as well as the market development in the emerging destinations.
As the movement of economic recovery is a certain thing sooner or later, the two companies will work together to support the sound development of the sewing industry and develop solution activities geared to the achievement of the Sustainable Development Goals (SDGs) with a view to solving social issues mainly in emerging manufacturing destinations.
The collaboration aims at enhancing the skills of sewing operators in the emerging countries and improving their working environment. Furthermore, the alliance will also help create a production management system that enables a fine-tuned response to demand fluctuations.
According to JUKI’s official release, both the companies will also build an infrastructure for resource- and energy-saving throughout the sewing factories.
Apart from the market development, JUKI and PEGASUS will engage in joint product development focused on the digitalisation and networking of chain stitch swing machines and will also jointly participate in future large-scale exhibitions for their products, with a special attention towards the planning and development of chain stitch sewing machines.
It’s worth mentioning here that as a comprehensive manufacturer of industrial sewing machines, JUKI has been providing sewing machines and related equipment and systems as line solutions to customers in the apparel and non-apparel sewing industries in more than 185 countries around the world.
On the other hand, PEGASUS has been a leading company specialised in chain stitch sewing machines over the 100 years since its establishment and has been patronised by customers all over the world.