Japan-based Kyodo Yushi USA Inc. and Wichita-based Lubrication Engineers Inc. will form a new company, Kyodo Yushi Manufacturing Americas, and locate its headquarters and an advanced manufacturing facility in Wichita, KS. The new company will produce lubricants for the automotive industry.
“We are excited to announce these plans for our company and for Wichita,” said Scott Schwindaman, President and CEO of Lubrication Engineers, Inc. “The more we talked, the more we realized our two companies share a similar culture of quality and innovation. We look forward to being part of this new venture, and we’re excited about it for the community too because of the growth, diversification and potential for advanced research.”
Hitoshi Samejima, president of Kyodo Yushi USA said, “We are excited about this planned partnership and venture. We look forward to getting to know Wichita and the community better, and in the planning process, the people we have met through the Greater Wichita Partnership, the city and others have been very welcoming.”
Kyodo Yushi Manufacturing Americas will start construction on a 115,000-square-foot advanced manufacturing plant next year. The city has granted the company a 76.5 percent tax abatement on the property tax on the buildings for five years, with the likely renewal for a second five years.
“It is partnerships like this that allow companies across the world to bring their various areas of expertise together to produce innovation,” said Kansas Department of Commerce Secretary Antonio Soave. “It is our goal at Commerce to assist companies like Kyodo Yushi USA and Lubrication Engineers so that they may form partnerships that will help grow businesses and the Kansas economy.”
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