KYOCERA : Opens New Manufacturing Facility in China for Industrial Cutting Tools
June 23, 2016 at 02:51 am EDT
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This news release is intended for media purposes, and is current of the date of publication. Information is subject to change without notice.
June 22, 2016
Kyocera Corporation (President: Goro Yamaguchi) announced that it completed a new manufacturing facility in Ganzhou City, Jiangxi Province, China, aimed at further strengthening the company's industrial cutting tool business in the country.This is the fourth Kyocera manufacturing facility in China (Dongguan, Zhuhai and Shanghai), which enables fully integrated production for industrial cutting tools in the region. The four locations give the Company enhanced cooperation, capacity and flexibility to quickly meet the diversified needs of customers in China and enhance customer support as it aims to further increase sales in the region. The new plant will produce carbide inserts.
On June 3, a completion ceremony was held at Kyocera Precision Tools (Ganzhou) Co., Ltd. (KPTG) in Ganzhou City. KPTG was established in January 2015 as a joint venture between Kyocera and a tungsten refining company in China, Ganzhou Grand Sea W&Mo Group Co., Ltd., in order to meet the growing demand for industrial cutting tools in the automotive industry in China - where more automobiles are manufactured than in any other country in the world.
Outline of Facility
Location
Ganzhou Economic and Technological Development Zone
Ganzhou City, Jiangxi Province, China
Start of construction
June 2015
Start of operation
January 2016
Facility size
Lot area: Approx. 20,000m
Total floor space: 23,000m (2-story building)
Operations
Manufacture of carbide inserts
Kyocera Corporation published this content on 22 June 2016 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 23 June 2016 06:51:03 UTC.
Original documenthttp://global.kyocera.com/news/2016/0601_kgsg.html
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Kyocera Corporation specializes in the development manufacturing and marketing of electronic components. The group also sells communication, document management, medical and energy systems and equipments. Net sales break down by family of products as follows:
- printing and document management equipments and systems (19.9%);
- electronic components and devices (18.4%) : capacitors, crystal devices, clock oscillators, resonators, connectors, etc.;
- semiconductor components (17.8%);
- communication equipments and systems (14.3%): telecommunications terminals (smartphones, tablets), connectivity devices, telecommunications infrastructure, etc.;
- industrial tools (13.7%);
- automotive and industrial components (10.9%): fine ceramic products (mainly for the manufacture of automotive equipment), liquid crystal displays, optical components, camera modules, etc.;
- other (5%).
Net sales break down geographically as follows: Japan (33.4%), Asia (26.4%), the United States (18.6%), Europe (18.4%) and other (3.2%).