KYOCERA Begins Operations at Its First Manufacturing Facility in India

  KYOCERA Begins Operations at Its First Manufacturing Facility in India

    Kyocera CTC Precision Tools Private Limited to commence production of
                industrial cutting tools for the Indian market

Business Wire

KYOTO, Japan -- February 18, 2014

Kyocera Corporation (NYSE:KYO) (TOKYO:6971) today announced that construction
has been completed on the Kyocera Group’s first manufacturing plant in India,
and that a completion ceremony was held on February 17 to mark the start of
trial operations at “KYOCERA CTC Precision Tools Private Limited^*.”

The establishment of Kyocera CTC Precision Tools is intended to strengthen the
company’s cutting tools business in the Indian market, where demand for
industrial cutting tools is expanding rapidly. The industrial cutting tool
market in India is expected to grow the fastest of all newly developing
countries based on the growth in the automotive, industrial machinery, energy,
and infrastructure markets. Furthermore, with price competition intensifying
among automotive manufacturers in India, there is a growing priority for
purchasing domestically made products.

Seeing these market trends in India, Kyocera CTC Precision Tools began
construction of the new manufacturing plant in November 2012 in order to
expand its cutting tool business in the country.

“The Kyocera Group delivers a diverse range of products globally, from fine
ceramic components, electronic devices, and cutting tools to mobile phones,
copiers, solar power generating systems and services such as information and
communications technology solutions. As our first manufacturing site in India,
we hope that Kyocera CTC Precision Tools will act as a springboard for the
Group’s further business expansion in the country,” stated Kyocera Corporation
Chairman Tetsuo Kuba during a speech given at the completion ceremony. “We are
delighted to work with our partners in India at this new manufacturing plant
and hope that our business will help contribute to the development of
Jamshedpur and India.”


Outline
Company name              KYOCERA CTC Precision Tools Private Limited
Location                   Jamshedpur, Jharkhand (eastern India)
Start of construction      November 2012
Start of trial operation   December 2013
Manufacturing plant size   Lot area: approx. 8,000m^2
                           Floor space: approx. 7,000m^2 (2-story building)
Operations                 Manufacture of industrial cutting tools (inserts,
                           tool holders)
Production targets        Begin producing 100,000 inserts per month


Kyocera Cutting Tool Business in India

Kyocera currently has sales offices in four cities in India including Gurgaon,
Chennai, Bengaluru (Bangalore) and Pune; and in September 2012 also
established a technical center for cutting tools in Gurgaon to support the
needs of local customers by providing a technical support system. With the
start of manufacturing at the new plant, Kyocera has established a
three-pillared structure along with sales and technical support; aiming to
expand sales of cutting tools in India.

* Kyocera CTC Precision Tools Private Limited is a manufacturing company
jointly established by Kyocera Asia Pacific Private Limited (President: Kenji
Aonuma), Kyocera Corporation’s wholly-owned subsidiary dedicated to sales in
the Asia-Pacific region, and CTC (India) Private Limited (Management Director:
Ramesh Agarwalla), an industrial cutting tool manufacturer focusing on the
manufacture of micro drills for printed circuit boards and hole-making tools
called Micro Industrial Tools.

For more information about Kyocera Cutting Tools, please visit:
http://global.kyocera.com/prdct/tool/index2.html

About KYOCERA

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,
industrial ceramics, solar power generating systems, mobile phones, printers,
copiers, electronic components and semiconductor packages,. During the year
ended March 31, 2013, the company’s net sales totaled 1.28 trillion yen
(approx. USD13.6 billion). The company is ranked #492 on Forbes magazine’s
2013 “Global 2000” listing of the world’s largest publicly traded companies
and in 2013 was ranked by Ceramic Industry magazine as the world’s No.1
manufacturer of advanced ceramics.

Contact:

KYOCERA Corporation (Japan)
Judah Reynolds, +81-(0)75-604-3416
Corporate Communications
webmaster.pressgl@kyocera.jp
Fax: +81-(0)75-604-3516
 
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