FKI consolidates manufacturing, engineering
FKI Logistex, an integrated material handling solutions company, on Wednesday said it would consolidate some of its North American manufacturing and engineering locations within its Airport, Post and Parcel division to take advantage of operational efficiency opportunities.
Manufacturing in the company’s Frederick, Md., factory will be transferred to its facilities in Danville, Ky. and Cincinnati, Ohio, while engineering and support functions located in Dallas will be consolidated within the company’s facilities in Louisville, Ky.
“Striving to be the most efficient and effective organization for the benefit of our customers, shareholders and employees is an ongoing process,” said Steve Ackerman, president, FKI Logistex North America, in a statement. “As we expand to meet global market demand, it is incumbent upon us to make best use of all of our resources.
“In our last business year, which ended March 31, 2006, FKI Logistex sales grew by 14 percent but continued investment in our operational infrastructure, IT systems, people, and business processes now means that we
can deliver this increased level of sales within a smaller operational footprint. We are therefore taking this opportunity to streamline our activities across fewer sites.”
FKI consolidates manufacturing, engineering
