MT. STERLING, KY. — Today, automotive supplier Kyosan DENSO Manufacturing Kentucky (KDMK), an affiliate company of DENSO International America, celebrates its 10-year anniversary in the Mt. Sterling community. It has been an eventful 10 years. Since officially opening its doors in 2003, KDMK has undergone two major expansions and increased its headcount a whopping 2,200 percent. To put it in perspective, KDMK expanded in size from 44,000 square feet to 172,000 square feet and increased headcount from 20 full time employees to 440.
“We are incredibly proud to celebrate our 10-year anniversary here in Mt. Sterling,” said KDMK President Tommy Kuramochi. “The last 10 years have had both their successes and challenges. Like other automotive companies, we’ve braved the hardships of the downturn. And with hard work and determination, KDMK recovered and in 2011and 2012 achieved its highest levels of profit in company history. ”
To commemorate the 10-year anniversary, KDMK executives and employees held a ceremony and a tree planting on May 31, to symbolize the company’s continued growth and strength in the Mt. Sterling community. An Open House for all associates and their families will be held on Sunday, June 2.
Committed to the Community:
Throughout the past 10 years, KDMK has been a proud sponsor of the local United Way, Relay for Life, Bowling for Kids’ Sake, Angel Tree and a scholarship donor for Montgomery County High School.
KDMK’s history began in 2000, when Kyosan Denki America (KYDA) began its first U.S. operations in Winchester, KY. In 2001, KYDA launched its first production line to produce Cut-off Valves and launched its second line that produced ORVR Valve lines in 2002.
Due to growth in sales and plans to begin producing fuel pump modules, KDMK was established in Mt. Sterling, Kentucky in April 2003. KDMK is a joint venture of which KYDA owns 70 percent and DENSO International America owns 30 percent.
In 2004, KDMK began production of its first fuel pump module assembly line. Currently, the facility utilizes injection molding operations for the assembly of fuel pump modules and also produces suction filters and on-board vapor recovery valves for its North American automotive customers.
DENSO Corporation, headquartered in Kariya, Aichi prefecture, Japan, is a leading global automotive supplier of advanced technology, systems and components in the areas of thermal, powertrain control, electronics and information and safety. Its customers include all the world's major carmakers. Worldwide, the company has more than 200 subsidiaries and affiliates in 36 countries and regions (including Japan) and employs more than 130,000 people. Consolidated global sales for the fiscal year ending March 31, 2013, totaled US$38.1 billion. Last fiscal year, DENSO spent 9.4 percent of its global consolidated sales on research and development. DENSO common stock is traded on the Tokyo and Nagoya stock exchanges. For more information, go to www.globaldenso.com, or visit our media website at www.densomediacenter.com.
Currently, in North America, DENSO employs more than 14,000 people at 28 consolidated companies and affiliates. Of these, 26 are manufacturing facilities located in the U.S., Canada and Mexico. In the U.S. alone, DENSO employs more than 10,000 people in California, Michigan, North Carolina, South Carolina, Tennessee, Kentucky, Georgia, Iowa, Ohio, and Arkansas. DENSO’s North American consolidated sales totaling US$6.8 billion for the fiscal year ending March 31, 2013.
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