ICOTEX president Reinhild Kuehne, City of Conroe Mayor Webb K. Melder and Mitsubishi Caterpillar Forklift America Inc. President Ken Barina addressed special guests at the Jan. 26 groundbreaking.
HOUSTON, Texas—Mitsubishi Caterpillar Forklift America Inc. (MCFA), which provides Jungheinrich lift trucks and narrow aisle products in the United States, Canada and Mexico, and Jungheinrich Lift Truck Corp, entered a joint venture to form Industrial Components of Texas, LLC (ICOTEX), a new company that will manufacture industrial components.
MCFA will be the primary customer, using ICOTEX components in the forklift production process at MCFA’s Houston manufacturing plant.
Construction of a 71,000-square-foot, dedicated ICOTEX facility has started in Conroe, Texas. It is scheduled to open in late summer of 2017.
ICOTEX will be recruiting approximately 80 new employees and will eventually produce over 600 different types of components at the site.
“ICOTEX is a strategic opportunity for MCFA and Jungheinrich to strengthen their existing North American partnership and support growth goals in the region, while continuing to deliver value and innovation to customers,” said Reinhild Kuehne, president at ICOTEX.
“The collaboration will deliver supply chain efficiencies, with customers ultimately benefiting from improved quality control and forklift manufacturing lead times. The ICOTEX joint venture is a natural evolution since MCFA has produced Jungheinrich-designed forklift models in Houston for many years and has earned a reputation for reliability and performance.”
Based in Houston, Texas, MCFA distributes three distinct brands – Mitsubishi forklift trucks, Cat lift trucks and Jungheinrich warehouse products.
Headquartered in Hamburg, Germany, Jungheinrich has a global presence in 36 countries via direct sales companies and in another 70 countries through partner firms.
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