PRTODAY / NewswireToday Free press release distribution service network

More news: Tools/Hardware
Written by / Agency / Source: Mori Seiki USA, Inc.

Check Ads Availability|e-mail Article


Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!

Mori Seiki Announces Plans for North American Manufacturing - Mori Seiki is pleased to announce a new development initiative that would bring machine tool manufacturing to North America. Groundbreaking on the new plant in Davis, CA will take place on June 22
Mori Seiki Announces Plans for North American Manufacturing

 

NewswireToday - /newswire/ - Davis, CA, United States, 2011/06/20 - Mori Seiki is pleased to announce a new development initiative that would bring machine tool manufacturing to North America. Groundbreaking on the new plant in Davis, CA will take place on June 22.

   
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Tools/Hardware Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

Talks of development in the United States is based on the possibility of continuing decrease in the exchange rate between the US and Japan. Dr. Masahiko Mori asserts,“If the value of the US dollar declines, it will become fiscally advantageous to manufacture machine tools in North America, eliminating the cost of importing from Japan.” The addition of a new North American factory could be expected to offset any disparity in the exchange rate between the two currencies and would ensure Mori Seiki customers the continued quality, precision and value they have come to expect in their machine purchase.

Mori Seiki currently operates a total of four factories in the Nara, Mie and Chiba prefectures of Japan. The company’s prospective manufacturing presence in North America would build upon an existing overseas unit in Le Locle, Switzerland (DIXI Machines). Mori Seiki acquired DIXI in 2007 to manufacture and market products under the DIXI brand, but also to expand its capacity in order to manufacture and sell Mori Seiki branded products.

The projected addition of a new North American factory would raise Mori Seiki's total monthly output capacity by approximately 100 units to slightly more than 900, preparing Mori Seiki for the anticipated global expansion of machine tool sales in the coming decade.

Manufacturing in the US would enhance the company’s existing infrastructure in North America. Engineering operations are already established in the US at the Digital Technology Laboratories (DTL) in Davis, CA. Software and machinery has been designed at DTL since 2000, when the group was launched. Today, the group boasts over 80 employees; the creation of a North American manufacturing plant would create further opportunity for R&D collaboration in the US.

Mori Seiki remains focused not only on R&D and production, but also on installation and proper maintenance. Mori Seiki’s recent launch of the Mori360 Total Support package in the United States and Canada highlights the company’s commitment to complete customer service. Mr. Thomas R. Dillon, President of Mori Seiki USA, says “The integration of North American production into operations represents a continued effort to increase Mori Seiki machine tool value and total customer satisfaction.”

Dr. Masahiko Mori reinforces this statement, pledging that,“Relocating a plant abroad is not enough; we must provide the best in high-quality product, service and support to machine shops all over the world.”

Through this development, Mori Seiki would increase their presence both in the US market and globally. Plant development and other key corporate arrangements have not yet been finalized.

Mori Seiki (moriseikius.com) produces extremely reliable machine tools and distributes worldwide. The American headquarters is in Chicago with offices in Boston, Toronto, Charlotte, Cincinnati, Curitiba, Brazil, Dallas, Detroit, Los Angeles, Monterrey, Mexico, Mexico City, Săo Paulo, Brazil, Seattle and San Francisco.

 
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Tools/Hardware Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

Written by / Agency / Source: Mori Seiki USA, Inc.

 
 

Availability: All Regions (Including Int'l)

 

Traffic Booster: [/] Quick Newswire Today Visibility Checker

 

Distribution / Indexing: [+] / [Company listed above is a registered member of our network. Content made possible by PRZOOM / PRTODAY indexing services]

 
 
# # #
 
 
  Your Banner Ad showing on ALL
Tools/Hardware articles,
CATCH Visitors via Your Competitors Announcements!


Mori Seiki Announces Plans for North American Manufacturing

Company website links NOT available to basic submissions
It is OK to republish and/or LINK any newswire for any legitimate media purpose as long as you name Newswire Today and LINK as the source.
 
  Is this your article?
Activate ALL web links and social stream by Upgrading to Press Release PREMIUM Plan Now!

|
Publisher Contact: Press Office - MoriSeikiUS.com 
847-593‐5400 info[.]moriseikius.com
 
Newswire Today - PRZOOM / PRTODAY disclaims any content contained in this article. If you need/wish to contact the company who published the current release, you will need to contact them - NOT us. Issuers of articles are solely responsible for the accuracy of their content. Our complete disclaimer appears here.
IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any Mori Seiki USA, Inc. securities in any jurisdiction including any other companies listed or named in this release.

Tools/Hardware via RSSAdd NewswireToday - PRZOOM Headline News to FeedBurner
Find who RetweetFollow @NewswireTODAY



Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!


Read Latest Articles From Mori Seiki USA, Inc. / Company Profile


Read Tools/Hardware Most Recent Related Newswires:

SWEP Moves Operations in Tentlingen, Switzerland to Košice, Slovakia and Landskrona, Sweden
Leviton Wins 2016 Product Innovation Award for Lumina Gateway Hub and Lumina RF Wireless Devices from Architectural Products Magazine
Kuehne + Nagel Sweden is Continuing to be the Extension of Bosch Power Tool Division’s Business in the Nordics
Rockwell Automation Announces Analytics Cloud for OEMs
Leviton Expands Lumina RF Lighting Control Product Line with In-Wall and Plug-In Dimmers
Rockwell Automation Expands Information Solutions Offerings
Hybrid Servo Punch Drive HPD - Voith Combines Proven Hydraulics with an Efficient Servo Drive
Digital Boost for Military and Civilian Maintenance Markets
ZESTRON Presents its Latest Cleaning Agent for Power Electronics and PCBs
SPI Lasers Introduces A New Generation of Industrial High Power Fiber Lasers
Voith Air Compressors to Become Even More Efficient with ‘TwinSave’ Technology and Coupling
Atlas Copco Establishes Vacuum Technique Moves Forward with Five Business Areas
SPI Lasers Underlines its Customer Commitment by Recruiting A New ‘Head of Service’
Atlas Copco to Consolidate Mining Equipment Operations in China
Atlas Copco Completes Acquisition of South Korean Exhaust Management Company

Boost Your Social Network
& Crowdfunding Campaigns


LIFETIME SOCIAL MEDIA WALL
NewswireToday Celebrates 10 Years in Business


PREMIUM Members


Visit  NAKIVO, Inc.

Visit  JobsWare.com





 
  ©2016 Newswire Today — Limelon Advertising, Co.
Home | About | Advertise/Pricing | Contact | Investors | Privacy/TOS | Sitemap | FRANCAIS
newswire, PR free press releases distribution service magazines engine news alert newsroom press room breaking news public relations articles company news alerts newswiredistribution ezine bizentrepreneur biznewstoday digital business report market search pr firms agencies reports distri-bution today investor relation successful internet entrepreneurs newswire distribution prtoday.com freenewswiredistribution asianewstoday bizwiretoday USA pr UK today - NOT affiliated with PRNewswire as we declined their partnership offer in 2013
 
PRTODAY & NewswireTODAY are NOT affiliated with USA TODAY (usatoday.com)