Yaskawa tops 1 million inverters manufactured
Company calls it 'a major milestone' to have made 1 million inverters in the U.S.
Yaskawa America Inc. manufactured its one millionth inverter in the United States in September marking a significant milestone for the drives and motion control company.
“This is a major milestone for our company, as it represents our commitment to building our products in the United States,” Mike Knapek, president and chief operating officer, said during an Oct. 5 celebration at the Buffalo Grove plant. “While we are certainly a global player, our manufacturing presence is heavily focused here.”
Producing product in the United States gives Yaskawa America the ability to deliver quickly when our customers need it. “Yaskawa America has outperformed our competition with quick deliveries even with the recent component shortage issue due to the Japan earthquake,” Knapek said.
“We benefit greatly from the work ethic of our employees and the commitment they make to making quality products on time for our customers.”
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Annual Salary Survey
In a year when manufacturing continued to lead the economic rebound, it makes sense that plant manager bonuses rebounded. Plant Engineering’s annual Salary Survey shows both wages and bonuses rose in 2012 after a retreat the year before.
Average salary across all job titles for plant floor management rose 3.5% to $95,446, and bonus compensation jumped to $15,162, a 4.2% increase from the 2010 level and double the 2011 total, which showed a sharp drop in bonus.