AUGUSTA, ME. – July 14, 2003 –  In response to demand, Kennebec Tool & Die, Inc. has just purchased 4 additional machining centers and created 12 new jobs.  The new equipment includes 1multi-tasking turning center with live tooling, 1 six-pallet horizontal milling center, and 2 four-axis vertical milling centers.   Wick Johnson, Kennebec’s President says “This additional capacity will be absorbed by growth in our traditional aerospace and defense markets, supplemented by increasing involvement in the semiconductor, medical, and technology markets.  If customers absorb all of the new capacity, another dozen jobs could be created in 2004.”

Kennebec has also partnered with the State of Maine and the Maine MEP to implement lean manufacturing methodologies.  Harvey Smith, Kennebec’s Operations Manager says “This will further enhance Kennebec’s value in the supply chain by eliminating non-value-added activities, improving cycle times, strengthening teamwork, reducing costs, and enhancing customer satisfaction.  When positioning the new equipment in our plant, we took advantage of the latest thinking about factory-floor layout and cellular manufacturing so we are able to achieve the fastest possible turn times for our customers.  We are confident this capacity will sell quickly.”

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