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Mazak Honored for Manufacturing Investments
May 22, 2013
In recognition of the expansions of its North American Headquarters campus in Florence, Kentucky, Mazak Corporation received the Cincinnati USA Partnership for Economic Development’s Growth Award during the Commercial Real Estate Developers Power Breakfast event held on May 2, 2013 in downtown Cincinnati. 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, president of Mazak Corporation. “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."
With three core business structures established in 1996, Mazak began in Florence with three facilities: a manufacturing factory, its National Technology Center and its National Customer Service and Support Center. Over the years, Mazak has expanded all three of these facilities and has since added two more facilities at the campus for a total of five buildings.
These expansions started in 2009 with adding 50,000 square feet to the manufacturing factory. Additionally, the company’s Spindle Rebuild Department located in the manufacturing area moved into this new space to expand its operational capacity. Also at this time, Mazak invested $9 million in advanced manufacturing equipment that helped grow the company’s machining capacity for large casted machine tool components.