Okuma America Corporation
The new tax regulations and a strong economy afford us the opportunity to recognize and reward our greatest asset â€“ our people.
CHARLOTTE, N.C. February 20, 2018
The management team of Okuma America Corporation, a world leading builder of CNC machine tools, believes that recent actions taken by the United States Congress and President will have a positive impact on growth throughout the country. Lower personal income and corporate taxes typically spur investments in capital, employees and shareholders.
Recognizing the implications of the new tax structure as well as the companyâ€™s strong fiscal performance to date, the Okuma America management team is pleased to announce that it will grant each of the companyâ€™s 200 plus employees a $1,000 one-time, special payment to be paid in the first quarter of 2018.
Jim King, the companyâ€™s President & COO, expressed his sentiment regarding this opportunity; â€œThe new tax regulations and a strong economy afford us the opportunity to recognize and reward our greatest asset â€“ our people. It is also an opportunity for us to demonstrate two of our key corporate values â€“ operating with generous intent and valuing meaningful partnerships with our employees.”
Okuma America Corporation is pleased to join other U.S. companies which have chosen to reinvest in their workforce and further strengthen the bond between employer and employee.
About Okuma America Corporation
Okuma America Corporation is the U.S.-based sales and service affiliate of Okuma Corporation, a world leader in CNC (computer numeric control) machine tools, founded in 1898 in Nagoya, Japan. The company is the industryâ€™s only single-source provider, with the CNC machine, drive, motors, encoders, and spindle all manufactured by Okuma. The company also designs their own CNC controls to integrate seamlessly with each machine toolâ€™s functionality. In 2014 Okuma launched the Okuma App Store, the industryâ€™s only centralized online marketplace for machine tool apps and related content. Along with its extensive distribution network (largest in the Americas), and Partners in THINC, Okuma is committed to helping users gain competitive advantage through the open possibilities of machine tools, today and into the future. For more information, visit http://www.okuma.com/americas or follow us on Facebook or Twitter @OkumaAmerica.
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