Mazak Honored for Continuous Investment in Manufacturing Campus
The machine tool builder was awarded the Cincinnati USA Partnership for Economic Developmentʼs Growth Award during the Commercial Real Estate Developers Power Breakfast event held last month.
The Economic Partnership award recognizes companyʼs dedication to local area growth.
In recognition of the expansions of its North American Headquarters, Mazak Corporation (Florence, KY) received the Cincinnati USA Partnership for Economic Developmentʼs Growth Award during the Commercial Real Estate Developers Power Breakfast event held last month.
The award is presented to companies that attract and retain businesses, jobs and capital investments in the Greater Cincinnati area, as well as continue to grow and expand within the local area.
“It is a true honor to be recognized by our local business peers for our ongoing commitment to the community,” said Brian Papke, the president of Mazak. “As we continue to invest in and expand our Kentucky operations to help our customers better compete on a global scale, we are also paying close attention as to how our actions can benefit the local economy through workforce development and job creation.”
In the past three years, the company has hired 300 people and added a two-story office area to the manufacturing factory building.
The company is currently involved in a major expansion to its manufacturing factory. The preparation work for expanding the building and a required access road was begun this year, and by spring of 2014, the total addition of 200,000 sq ft will be completed. This expansion will boost Mazakʼs production capacity to between 170 and 200 machines per month.
As one of the three original core business structures at the Florence campus, Mazakʼs National Technology Center – which opened in 1996 and doubled in size as the result of a 2006 expansion – grew from 69,000 to 100,183 square feet of space in late 2012.
The building gained seven new high bay areas, a second story to its office section and additional square footage for its technology demonstration area. The new office area provides six dedicated customer-training rooms and space for the companyʼs National Service Department.
The National Technology Center & Center for Multi-Tasking and Manufacturing Excellence in Kentucky is the hub for Mazakʼs eight Regional Technology Centers and, as such, enhances Mazakʼs customer support capabilities throughout North America.
Mazak also continuously invests in its regional customer service and support facilities and recently opened a new larger Southwest Regional Technology Center in the Houston area as well as expanded its Midwest Regional Technology Center in the Chicago area.
For its North American Parts Center on the Kentucky campus, the company increased the facilityʼs parts storage capacity by 25 percent in 2012. That project included the addition of two new fully automated vertical lift module storage systems that increased small parts capacity to 52,000 unique parts, as well as the replacement of an existing rack system with a new one for 286 more pallets of large part storage.
Mazak Corporation has one of the industryʼs largest inventories of spare parts – valued at more than $65 million and available for immediate same-day delivery for 97 percent of all orders.