Leading American-Made Nail and Staple Producer Makes Multi-Million Dollar Investment in New Equipment and Capital Improvements
CINCINNATI (July 24, 2018) – KYOCERA SENCO Industrial Tools, Inc. (formerly SENCO Brands, Inc.) announced today that it has completed a major upgrade to its Cincinnati, OH-based fastener manufacturing facility, doubling its heavy staple production capacity.
The improvements include multiple new production cells, featuring several million dollars of wire drawing machinery, staple presses and band equipment. When all of the lines are fully operational, SENCO expects to double its heavy staple manufacturing capacity as well as add significant new staff.
The company manufactures over 80 percent of its fasteners at the Ohio plant. All of the steel for these products is also sourced from domestic producers, meaning SENCO fasteners are truly “Made in the USA.” The company currently employs 325 people at its fastener manufacturing plant and headquarters in Cincinnati.
“In a tough operating environment and time of uncertainty, we’re proud that we’ve been able to make this investment in our Ohio plant and people,” says Cliff Mentrup, CEO and President. “SENCO has been making nails and staples in the U.S.A. from American steel for over 50 years because customers understand the quality difference. Through every economic challenge, we’ve committed to making great industrial products in the USA, by American workers, with American materials.”
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About KYOCERA SENCO Industrial Tools, Inc.
KYOCERA SENCO Industrial Tools was formed in August 2017 when Kyocera Corporation (NYSE:KYO)(TOKYO:6971) acquired SENCO Holdings, Inc., a leader in creating fasteners and power fastening tools for residential, commercial, manufacturing and construction applications. Originally established in 1948, SENCO is renowned for its excellent product quality and diverse product line, which includes pneumatic and electric nailers, staplers, screw systems and compressors, as well as nails, staples, screws and specialty fasteners. KYOCERA SENCO’s manufacturing and marketing are concentrated in the U.S. and Europe, with products sold in more than 40 countries worldwide.
Kyocera Corporation (NYSE:KYO/TOKYO:6971; http://global.kyocera.com/), the parent and global headquarters of the Kyocera Group, was founded in 1959 as a producer of fine ceramics (also known as “advanced ceramics”). By combining these engineered materials with metals and integrating them with other technologies, Kyocera has become a leading supplier of cutting tools, electronic devices, semiconductor packages, printers, copiers, mobile phones, solar power generating systems and industrial components. During the year ended March 31, 2017, the company’s consolidated net sales totaled 1.58 trillion yen (approx. USD14.9 billion). Kyocera appears on the “Top 100 Global Innovators” list by Clarivate Analytics and is ranked #522 on Forbes magazine’s 2017 “Global 2000” list of the world’s largest publicly traded companies.