Kyocera announced that it has created a new wholly-owned subsidiary, Kyocera Precision Tools, Inc., to consolidate its North American cutting tool operations in the indexable, micro-tool and printed circuit board (PCB) cutting tool markets. Kyocera Precision Tools Inc. now carries the company’s full line of microtool and PCB cutting tool products, formerly supplied under the name Kyocera Tycom Corporation (KTC). By July 1, 2014, when the consolidation is completed, the full line of indexable cutting tool products currently supplied by the Cutting Tool Division of Kyocera Industrial Ceramics Corporation (KICC) will bemerged into the newcompany aswell. Kyocera Precision Tools, Inc. is headquartered in Hendersonville, NC.Leading the enterprise as President is Koichi Nosaka, former general manager of cutting tools at KICC, and, as Vice President, Jim Good, former president of KTC. All existing cutting tool sales and production facilities will continue to remain operational. Kyocera anticipates a smooth transition with no interruption in service to customers. “The new company creates a combined enterprise that optimizes the strengths of both organizations and facilitates expansion of Kyocera’s overall cutting tool-related business in North America,” said a company spokesperson. For more information contact: Kyocera Precision Tools, Inc. 102 Industrial Park Road Hendersonville, NC 28792 800-823-7284 cuttingtools@kyocera.com kyoceraprecisiontools.com