Misumi USA

Last updated
Misumi USA
IndustryManufacturing
FoundedFebruary 1988;37 years ago (1988-02)
Headquarters
Schaumburg
,
United States
Website www.misumiusa.com

Misumi USA is a subsidiary of Misumi Corporation, established in February 1988. [1] Misumi USA is known for providing fixed and configurable components for the manufacturing industry [2] and is headquartered in Schaumburg, Illinois. [3]

Contents

History

Misumi Corporation was founded in 1963 under the name Misumi Shoji Co., Ltd. In the early years of its founding, the company focused primarily on the sale of electronic equipment and bearings, as well as press die components.[ citation needed ]

Throughout its first 25 years, Misumi Corp continued to establish regional presences across Japan. To better serve the American market,[ promotion? ] Misumi Corp established a subsidiary, Misumi USA, in February 1988. [4]

MISUMI Group Inc. was established in 1963. It divides global operations into Europe, Asia, Japan, and North America. [5] [6]

Current business model

As of February 2014, Misumi USA supplies over 20.7 million different configurable components for assembly automation in the automotive, appliance, semiconductor, medical, and packaging industries, with over 30,000 products available for same-day shipping. [7] [ promotion? ] Misumi USA is known[ according to whom? ] for its QCT (Quality, Cost, Time) model, fulfilled by catalog sales of standardized products, along with piece-by-piece production of customizable products. [8] [ promotion? ][ independent source needed ] Misumi has operated under the leadership of Co-CEOs Tadashi Saegusa and Masayuki Takaya since June 2002. [9]

In November 2017, Misumi announced plans to expand manufacturing and distribution in North America through the creation of a subsidiary in Querétaro City, Querétaro, Mexico. [10]

Environmental and social contributions

Misumi's products are compliant with the European Union’s RoHS Directive, restricting the use of hazardous substances. As innovations in green production, Misumi has developed equipment cables with superior oil and heat resistance, as well as combined terminal blocks and components. As part of a green procurement initiative, Misumi also mandates that its suppliers comply with a strict set of guidelines, including a chemical substances survey and report. [11] In January 2014, MISUMI embarked on an initiative to enhance workplace safety by introducing a new nitrogen gas spring to the North American market. [12]

See also

References

  1. ↑ Misumi Group Inc. "MISUMI History", Retrieved on 27 February 2014.
  2. ↑ Misumi USA. "Profile", Retrieved on 27 February 2014.
  3. ↑ Design World. "Misumi USA Opens New North American Headquarters", Retrieved on 27 February 2014.
  4. ↑ Misumi Group Inc. "MISUMI History", Retrieved on 27 February 2014.
  5. ↑ "Global Network - Corporate Information - MISUMI Group Information - MISUMI Group Inc".
  6. ↑ "At a GLANCE - Corporate Information - MISUMI Group Information - MISUMI Group Inc". Misumi Group.
  7. ↑ Market Watch "MISUMI USA In-Stock Products Now Automatically Ship Same Day", Retrieved on 27 February 2014.
  8. ↑ Misumi Group Inc. "Annual Report 2012" Archived 18 May 2014 at the Wayback Machine , Retrieved on 27 February 2014.
  9. ↑ Bloomberg Businessweek "Misumi Group Inc (9962:Tokyo Stock Exchange)" [ dead link ], Retrieved on 27 February 2014.
  10. ↑ "MISUMI Group, Inc. Establishing a Local Subsidiary in Mexico". www.businesswire.com (Press release). Retrieved 9 November 2017.
  11. ↑ Misumi Group Inc. "Environmental Chemicals Management", Retrieved 27 February 2014.
  12. ↑ The Wall Street Journal "MISUMI Introduces Nitrogen Gas Springs with Enhanced Safety Features to North American Market", Retrieved 27 February 2014.

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