New facility to accelerate growth and streamline processes in electric forklift production, solidifying the company as a leader in material handling

HOUSTON, May 2, 2025 /PRNewswire/ — Mitsubishi Logisnext Americas, one of the world’s leading manufacturers and providers of material handling, automation, and fleet solutions, today announced the completion of a major expansion at its Houston manufacturing campus with the 73,500-square-foot electrification fabrication facility. This milestone marks a significant step in the company’s strategic initiative to grow its footprint in the rapidly expanding electric market.

The new facility is designed to meet the rising demand for Mitsubishi Logisnext Americas’ Electric Class I and Class II products, including the pantograph reach truck, order picker, and stand-up counterbalance forklift. It is also designed to significantly enhance production capacity, streamline operations, and lower manufacturing costs to better serve evolving customer needs.

“This expansion is a reflection of our continued commitment to innovation and growth,” said Berry Mansfield, President of Mitsubishi Logisnext Americas. “It took a shared vision to bring this expansion to life, and we’re proud of what we’ve built. This facility not only supports our growth in electrification but also creates a more engaging environment for our employees. We’re excited to start production this year.”

Construction began with a groundbreaking in August 2023 and was completed in spring 2024. Installation of advanced technologies, including powder painting and robotic welding equipment, took place throughout 2024, culminating in the completion of the new electrification building in 2025.

The development aligns with Mitsubishi Logisnext Americas’ long-term strategic goal to grow its warehouse product market share. With electric-powered solutions continuing to outpace internal combustion (IC) vehicles in the market, this facility strengthens the company’s position for sustained momentum.

In total, Mitsubishi Logisnext Americas has invested nearly $20 million in the new facility to respond to increasing demand while improving lead times, profitability, and product quality. The new facility will help all parties involved by streamlining operations and boosting overall manufacturing efficiency, delivering greater value to customers, employees and partners.

To learn more about Mitsubishi Logisnext Americas and its network of dealers, please visit www.logisnextamericas.com.

About Mitsubishi Logisnext Americas
Mitsubishi Logisnext Americas Inc., and its group companies have helped customers Move The World Forward for over 100 years. A technology-driven manufacturer, Mitsubishi Logisnext Americas offers scalable solutions from material handling to automation and extensive fleet support. Headquartered in Houston, Texas, its complete portfolio of advanced solutions spans across five leading brands – Mitsubishi forklift trucks, Cat® lift trucks, Rocla AGV Solutions, UniCarriers® Forklifts and Jungheinrich® warehouse and automation products. All products are backed by an extensive dealer network offering industry-leading customer service and product support. Mitsubishi Logisnext Americas is a wholly-owned subsidiary of Mitsubishi Logisnext Co. Ltd. For more information, visit www.LogisnextAmericas.com.

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SOURCE Mitsubishi Logisnext Americas

BRAINTREE, Mass. and NEW YORK, May 2, 2025 /PRNewswire/ — MIB, the life insurance industry’s most trusted and secure partner for data-driven insights and digital services and Munich Re Life US, part of Munich Re Group and a leader in risk assessment and reinsurance, today announced a strategic partnership to accelerate the adoption of electronic medical data across life insurance underwriting through improved data access and the development of advanced data analytics capabilities to enable automated risk assessment. As part of this initiative, MIB is acquiring Clareto, a leading life insurance industry source of electronic health records, from Munich Re Life US.

The partnership, offered via MIB EHR, will provide seamless access to electronic medical data and enhanced overall value to clients by combining the data networks available through MIB’s Medical Data Solutions platform and Clareto to create a clear market leader amidst a fractured landscape for EHR and medical data retrieval.

Clients of the combined platform will benefit from expanded access to records through additional data sources and flexible options for data summarization, leveraging capabilities from RiskRighter, an MIB business known for its quality data summarization services and alitheia, Munich Re’s rapid risk assessment and decisioning platform. Additionally, Clareto clients will gain access to reflexive services currently offered within the MIB EHR platform, such as auto-pivoting to a traditional attending physician statement (APS) when an electronic health record is not available.

“The advancement of our electronic medical data solution is part of MIB’s broader strategy,” said Jas Awla, President, MIB Medical Data Solutions. “We look forward to expanding our relationships and data sources to advance our capabilities as the life insurance industry’s one-stop-shop not just for medical records, but for all types of data needed for underwriting. In addition, we are also excited to align with Munich Re for broad data analytic capabilities tied to electronic health records to streamline underwriting processes for our members.”

With MIB and Munich Re Life US sharing an alignment of strategic interests and inherent complementary capabilities, the partnership will leverage both companies’ collective knowledge to broadly serve the industry through producing thought leadership content and developing new analytic capabilities that expand automation and innovation around electronic medical data.

“Through our collaboration with Clareto we have developed a deep understanding of electronic medical data positioning us to help our clients transform their risk assessment through market-leading tools like alitheia,” said Mary Forrest, President and CEO, Munich Re North America Life. “This collaboration with MIB will allow us to provide our clients with an entire set of new solutions to assist them in digitalizing their underwriting processes and delivering value across the insurance value chain. The result will drive quicker decisions and greater customer satisfaction that enables both new business growth and improved protective value.”

“MIB continues to grow and diversify our portfolio of solutions to address the emerging needs of our members and the life insurance industry,” said Brian Winikoff, President and CEO at MIB. “The process to obtain quality data for underwriting remains highly fragmented, inefficient and time-consuming. We are excited to partner with Munich Re to provide the industry with increased access to critical medical data and value-added services that will enable faster, more efficient and confident decision making.”

About MIB
MIB Group Holdings, Inc. is the insurance industry’s most trusted and secure partner for data, insights and digital solutions that support underwriting and actuarial decision making and improve industry efficiencies. With deep connections to the life insurance companies who are its members, and a sole focus on improving the insurance industry, MIB is uniquely positioned to provide data-driven solutions that address common industry challenges and enable clients to gain efficiencies, manage their risks, and grow profitably. MIB Group Holdings, Inc. provides services through its wholly owned operating subsidiaries, MIB, LLC, MIB Services, LLC and MIB Solutions, LLC. For more information about MIB, visit www.mibgroup.com.

About Munich Re Life US

Munich Re Life US, a part of Munich Re Group, is a leading US reinsurer with a significant market presence and extensive technical depth in all areas of life and disability reinsurance. Beyond its vast reinsurance capacity and unrivaled risk expertise, the company is recognized as an innovator in digital transformation and aims to guide carriers through the changing industry landscape with dynamic solutions insightfully designed to grow and support their business. Learn more at https://www.munichre.com/us-life/en.html

Media Inquiries:

MIB Group Holdings, Inc.
Betty-Jean Lane
Head of Marketing & Communications
781.751.6135
blane@mib.com

Munich Re Life US
Daisy Okas
Head of Marketing & Communications
646.940.8663
dokas@munichre.com

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SOURCE MIB Group Holdings, Inc.

WESTON, Fla., May 2, 2025 /PRNewswire/ — Orchest Automation, the software division of the Orchest Group, today announced it is offering free unlimited MEF LSO API integration to its customers. MEF offers a comprehensive portfolio of standardized APIs along with supporting tools, services, and resources to enable automated, agile, and assured service delivery. This initiative aims to complement MEF’s offering by providing a simple, ready-to-use integration layer to accelerate the adoption of MEF LSO standards across multiple regions and enhance seamless interoperability in network operations.

In addition, Orchest Automation is launching Off-Net Virtual Networks in more than 40 countries. Customers using the Orchest Platform can now easily extend their on-net network coverage with various off-net solutions, including country wide off-net coverage, virtual point of presence (PoPs), virtual ports, virtual subsea capacities, and more. This innovative approach enables network expansion and commercialization into off-net regions without requiring any upfront capital or operational expenditures.

By embracing the Network-as-a-Service (NaaS) model, Orchest Automation is revolutionizing traditional telecom business dynamics by reducing friction and automating manual processes between buyers and sellers. These enhancements are fully integrated into a streamlined, automated customer experience.

“We are introducing these significant solutions to our portfolio in direct response to feedback from our customers,” said Jeremy Villalobos, CEO at Orchest Automation. “Our commitment to standardization and easing network expansion beyond geographical boundaries remains unwavering.”

Orchest Automation’s platform is uniquely designed from the customer’s perspective to address prevalent industry challenges such as prolonged response times and inadequate service experiences caused by outdated and manual procedures.

The platform’s comprehensive offerings include a Network Quoting Tool, Installation Tracker, Service Inventory, Business Intelligence, Technical Support Management, E-Commerce capabilities, Network Geo-Visualization, API Enablement and Management, ERP and CRM deployment, and Billing and Invoicing controls.

About Orchest

Orchest is a US-based carrier and software company pioneering fully automated, end-to-end customer experiences with operations in 17 countries across Latin America and the Caribbean. For over a decade, Orchest has delivered innovative network solutions, cloud connectivity, and data center services across the Americas. In 2024, Orchest launched Orchest Automation to support global carriers in achieving complete automation through advanced software solutions.

Orchest Media Contact:
Erwind Martinez

394553@email4pr.com

+15616959177

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SOURCE Orchest Automation