Key Tronic's Exciting New Manufacturing Facility
Key Tronic Corporation, a prominent player in electronic manufacturing services (EMS), has recently celebrated the grand opening of its innovative manufacturing facility. With this new location, the company is gearing up to make significant strides in the industry while fostering local job growth.
A Commitment to Excellence
Brett Larsen, CEO of Key Tronic, expressed pride in the establishment of this new U.S. Center of Excellence. He highlighted the impressive journey of Key Tronic, which began over 55 years ago. The new facility stands as a testament to the company’s dedication to innovation and exceptional customer service, consistently pushing the envelope in operational growth across the nation.
Strategic Location Benefits
Located in Northwest Arkansas, the facility is strategically placed to harness cutting-edge technology that enhances both production capacity and customer support. The facility is envisioned as a hub for advanced manufacturing and process optimization, offering employees opportunities to build new skills while delivering innovative solutions to clients.
A Major Investment in the Future
The total investment in this state-of-the-art facility exceeds $28 million, and it is set to create over 400 jobs within five years. This flagship site will significantly bolster Key Tronic's production capacity by about 40%. Developed by Crossland Realty Group, the facility spans 300,000 square feet and will play a pivotal role in its ongoing expansion.
Community Impact and Leadership Support
Governor Sarah Sanders emphasized the importance of this investment for the local talent pool, stating that programs like Arkansas LEARNS and ACCESS are crucial for equipping the next generation with the skills necessary for success in technology-driven environments. She noted how vital it is for companies like Key Tronic to have well-trained engineers and technicians to thrive.
Solidifying Business Relationships
Clint O’Neal, acting executive director of the Arkansas Economic Development Commission, praised Key Tronic's decision to base its operations in Springdale, viewing it as critical for workforce development and job creation. The supportive environment in Springdale further underscores the community's commitment to technology-driven growth.
A Welcoming Response from Local Leaders
Local leaders, such as Springdale Mayor Doug Sprouse, have also welcomed the company’s investment. With a vision for collaborative growth, the city looks forward to seeing how Key Tronic contributes positively to the community's economic landscape, emphasizing the life-changing impact of new job opportunities.
Springdale: A Hub for Manufacturing Innovation
Bill Rogers, president and CEO of the Springdale Chamber of Commerce, expressed confidence in the capabilities of the local workforce to support Key Tronic's expansion objectives, especially with the addition of new jobs. This alignment showcases both the company’s goals and the community's mission to advance as a leader in manufacturing.
About Key Tronic Corporation
Founded in 1969, Key Tronic has established itself as a top contract manufacturer providing comprehensive design and manufacturing services from various global locations, including the U.S., Mexico, China, and Vietnam. The Company prides itself on its extensive engineering capabilities, materials management, and global distribution network, serving a distinguished clientele.
Contact Information
For any inquiries related to Key Tronic, you may contact:
Anthony G. Voorhees - Chief Financial Officer
Key Tronic Corporation
(509) 927-5345
Michael Newman - Investor Relations
StreetConnect
(206) 729-3625
Frequently Asked Questions
What is the significance of Key Tronic's new facility?
The new facility enhances Key Tronic's manufacturing capacity and fosters job growth in the local community.
How many jobs will the new facility create?
Key Tronic plans to create over 400 jobs at the new site in the next five years.
Where is Key Tronic's new manufacturing facility located?
The facility is located in Northwest Arkansas, specifically at 601 W. Apple Blossom Avenue.
What are Key Tronic's main services?
The company offers design and manufacturing services, engineering, materials management, and worldwide distribution to its clients.
How long has Key Tronic been operating?
Key Tronic has a rich history, operating for over 55 years since its founding in 1969.
