Even though the general market experienced a steep drop in second half of 2012, KP keep investing in the future.
During 2013, the company win some important new projects and plans to invest DKK 25-30 million in additional machinery, more robots, new technologies and extra floor space by the end of the year.
In February a new SUNNEN honing machine is installed. In May KP breaks ground on a new 2.200 m2 (23.680 sq. ft.) combined production and warehouse building. During the fall the “value-added” facility will undergo a complete renovation to allow for robot automation, installation of an automatic paternoster warehouse system and new processes such as high-pressure cleaning and grinding.
Other investments include the purchase of four new CNC machines, special CNC measuring equipment, five robots, a grinding machine and a high-pressure cleaning machine.
The high activity level of the previous year continues with a busy first half of 2012. On the other hand KP experiences a sharp slowdown of many customers in the second half of the year. However, despite the decline in activity, 2012 ends with a general growth compared to 2011.
KP is set and receives a Local Business Award in recognition of its ability, through automation and skill development, to create continuous development and thereby retain and continue to develop new local jobs.
The growth continues and further investment in new machine production capacity is made. In the first half of the year a total of 15 new CNC machines are purchased and installed. The workforce exceeds 205 employees.
After the summer vacation a long awaited decision on expansion into USA is finally taken. KP Komponenter starts up production in a 3.500 m2 (37.674 sq.ft.) facility with 15 CNC machines and 20 employees.
The US and Danish companies are joined under the umbrella of KP Holding, which has 100% ownership of both. The company in Denmark will keep its original name KP Komponenter, while the USA-based company will be named KP Components.
Things start to lighten up again. After the summer vacation the first new CNC machines in two years are installed.
KP Komponenter initiates a series of new actions, designed to strengthen the organization and its basic processes and prepare the company for future growth.
In November, the management team is extended and two new directors are appointed. They will together with the CEO Martin Krogh Pedersen lead KP Komponenter´ s future business. Kim Brødbæk is appointed as Technical Director and is responsible for production and all related internal processes. As newly appointed Commercial Director, Carsten Stubkjær Mumm handles sales, procurement and all related external processes.
At the end of the year, KP Komponenter is back on track and our head count is now around 195 people – the same number of employees the company had before the global financial crisis started.
In February KP Komponenter started refurbishing an older building that is approximately. 1.000 m2, (10.764 sq.ft.). It will house the three new technologies KP Komponenter has decided to invest in – thermal deburring, ultrasonic cleaning and honing – and which will become of Value Added Processes.
The global financial crisis also affects Spjald and throughout the year KP Komponenter has to decrease its workforce substantially, ending 2009 with approximately 110 employees. Half of all machine inventory actually stands still nearly all year round.