MCFA AND JUNGHEINRICH LIFT TRUCK CORP. ANNOUNCE ICOTEX LLC. JOINT VENTURE


New facility being built in Conroe, TX, will manufacture industrial components.

Monday, February 13, 2017

HOUSTON (January 26, 2017) – Mitsubishi Caterpillar Forklift America Inc. (MCFA), the provider of Jungheinrich® lift trucks and narrow aisle products in the United States, Canada and Mexico, and Jungheinrich® Lift Truck Corp. today announced a joint venture to form Industrial Components of Texas, LLC (ICOTEX), a new company that will manufacture industrial components. MCFA will be the primary customer, using ICOTEX components in the forklift production process at MCFA’s Houston manufacturing plant.
 
Construction of a dedicated ICOTEX 71,000-square-foot facility is underway in Conroe, Texas and is scheduled to open in late summer of 2017. ICOTEX will be recruiting approximately 80 new employees and will eventually produce over 600 different types of components at the state-of-the-art site.
 
“ICOTEX is a strategic opportunity for MCFA and Jungheinrich to strengthen their existing North American partnership and support growth goals in the region, while continuing to deliver value and innovation to customers,” said Reinhild Kuehne, president at ICOTEX. ”The collaboration will deliver supply chain efficiencies, with customers ultimately benefiting from improved quality control and forklift manufacturing lead times. The ICOTEX joint venture is a natural evolution since MCFA has produced Jungheinrich-designed forklift models in Houston for many years and has earned a reputation for reliability and performance.”
 
ICOTEX Groundbreaking
Industrial Components of Texas, LLC (ICOTEX) President Reinhild Kuehne, City of Conroe Mayor Webb K. Melder and Mitsubishi Caterpillar Forklift America Inc. President Ken Barina addressed special guests at the Jan. 26 groundbreaking for ICOTEX’s new 71,000-square-foot facility being built in Conroe, Texas. The company will manufacture industrial components. MCFA will be the primary customer, using ICOTEX components in the forklift production process at MCFA’s Houston manufacturing plant.
 
About Mitsubishi Caterpillar Forklift America Inc. (MCFA)
Manufacturer of High-Quality Material Handling Equipment - Mitsubishi Caterpillar Forklift America Inc. (MCFA) is a leading manufacturer of high-quality forklifts and warehouse products in North, Central and South America and the Caribbean. Based in Houston, Texas, the company distributes three distinct brands – Mitsubishi forklift trucks, Cat® lift trucks and Jungheinrich® warehouse products – through its extensive dealer network. All products are backed by industry-leading customer service and superior product support.  For more information about MCFA or any of its brands, visit Mitsubishi Caterpillar Forklift America, Cat Lift Trucks, Mitsubishi Forklift Trucks or Jungheinrich Forklifts.
 
About Jungheinrich
Established in 1953, Jungheinrich ranks among the world’s leading intralogistics companies. Drawing on a balanced portfolio of material handling equipment, logistics systems and services, Jungheinrich offers its customers comprehensive solutions from a one-stop shop. Headquartered in Hamburg, Germany, the Group has a global presence in 36 countries via direct sales companies and in another 70 countries through partner firms. Jungheinrich has more than 15,000 employees on its payroll worldwide and generated 2.75 billion euros in net sales in 2015. The Jungheinrich share is included in the MDAX.
 
In North America, Jungheinrich forklifts are distributed through Mitsubishi Caterpillar Forklift America Inc.’s (MCFA’s) extensive dealer network located throughout North America. Based in Houston, Texas, MCFA has more than 340 dealer locations across the U.S., Canada and Mexico, backed by five local parts distribution centers in Texas, California, Indiana, Michigan and Pennsylvania and a 24-hour parts delivery guarantee. For more information on Jungheinrich, please visit Jungheinrich Forklift Trucks, Jungheinrich Forklifts on Facebook, Jungheinrich Forklifts on Twitter, Jungheinrich Forklifts on YouTube and Jungheinrich Forklifts on LinkedIn.
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Kimberly Scott, Sr. Marketing Communications Specialist
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