updated 6/6/2011 4:45:52 PM ET 2011-06-06T20:45:52

FLORENCE, Ky., June 6, 2011 (GLOBE NEWSWIRE) -- Mazak Corporation will host a Grand Opening celebration on June, 14 to inaugurate its new Southwest Technology Center & Regional Headquarters in Houston, Texas. The new facility offers increased support to manufacturers in all sectors, with a special focus on those serving the energy and oil & gas service industries. Some of the world's top oil service companies will attend the grand opening, including Schlumberger, Baker Hughes, Cameron, Weatherford, TenarisHydril, and National Oilwell Varco.

The new Southwest Technology Center represents Mazak's continuous investment in American manufacturing and the Southwest region in particular. The new facility will serve as a resource to companies that supply their customers in the oil industry with advanced equipment built to exacting standards. For these growing local area industries, Mazak, unlike any other machine tool builder, has continually expanded in the Southwest to meet the needs of and partner with customers and provide the best possible turnkey manufacturing solutions.

"This new technology center is far more than just a new facility to showcase our equipment, it's a true research and development center where our engineers can collaborate with the local energy industry to move technology forward," says Brian Papke, president of Mazak Corporation. "Our new facility is at the center of the Texas oil and gas industry, and will offer these important customers superior training, support and collaboration."

Located in the Greenspoint business district 15 miles north of downtown Houston and minutes from Bush Intercontinental airport, the new Mazak facility joins those of other multi-national corporations that call the area home.

"Mazak's new facility enhances Greenspoint's reputation as a business district that attracts the best in international corporations," said Jack Drake, President of Greenspoint District. "With its resources, Mazak could have chosen anywhere, and we're proud that they chose Greenspoint."

The new 30,000 sq. ft. Southwest Technology Center stands on 4.5-acres of land owned by Mazak and is located at the intersection of Beltway 8 and Green Crossing Boulevard. The increased capacity of the new facility will allow Mazak to expand its Southwest Technology Center staff by ten percent to better meet growing customer demand.

About Mazak Corporation

Mazak Corporation is a leader in the design and manufacture of productivity-improving machine tool solutions. Committed to being a partner to customers with innovative technology, its world-class facility in Florence, Kentucky recently increased its production capacity to 150 machines per month in 2011. The facility's "Production on Demand" manufacturing concept uses the latest in machine tool technologies as part of its lean strategy. Continuous training and development of the workforce has created a "lean" culture, which has created opportunities for continuing growth in America. Mazak maintains eight Technology Centers across North America to provide local hands-on applications, service and sales support to its customers. For more information on Mazak's products and solutions, visit www.mazakusa.com or follow us on Twitter at @MazakCorp.

CONTACT: MEDIA CONTACTS:
         George Yamane
         Marketing Manager
         859.342.1867
         gyamane@mazakcorp.com
         or
         dgs Marketing Engineers(R)
         Chuck Bates
         317.813.2230
         bates@dgsmarketing.com

© Copyright 2012, GlobeNewswire, Inc. All Rights Reserved

Discuss:

Discussion comments

,

Most active discussions

  1. votes comments
  2. votes comments
  3. votes comments
  4. votes comments

Data: Latest rates in the US

Home equity rates View rates in your area
Home equity type Today +/- Chart
$30K HELOC FICO 4.94%
$30K home equity loan FICO 5.19%
$75K home equity loan FICO 4.58%
Credit card rates View more rates
Card type Today +/- Last Week
Low Interest Cards 13.40%
13.40%
Cash Back Cards 17.92%
17.91%
Rewards Cards 17.12%
17.11%
Source: Bankrate.com