A loyal part-ner, Keihin North America (formerly Keihin Indiana Precision Technology) is a leading manufacturer of automotive systems, such as air and fuel management, HVAC, and electronic components used for engine control, supplemental restraint systems control (for airbag deployment), and ABS units for braking systems. Keihin North America (KNA) also makes mechanical parts such as fuel injectors, throttle bodies, and intake manifolds. It is the parent company of four business units: Keihin IPT Manufacturing, Keihin Aircon North America, Keihin Carolina System Technology, and Keihin Michigan Manufacturing. Major shareholders of KNA are Keihin Corp. (Tokyo), Honda Motor Company, and Honda Foundry.
Honda is KNA's chief customer. During the Great Recession, Honda, as well as other car makers, sold fewer cars. Consequent to the economic situation, Keihin's plant orders decreased by 20%, and the company was forced to cut about 200 jobs (20% of its workforce) in its Indiana plant, as well as reduce the work week and shifts of the remaining workers. The Michigan plant fared better since it produces mostly products for four-cylinder engines, the sales of which did not drop as much as V6 products, which are produced in Indiana.
The business reorganization was conducted to combine KNA's procurement activities into a single base with the expectation of saving more than $1 million. As the first step, KNA underwent a name change in April 2009 in recognition of its new position as corporate headquarters overseeing North American Keihin operations. In addition to sales and holding company roles, it added administrative, business planning, materials, quality, and several production and technical functions to its operations for further growth opportunities.
Keihin IPT Manufacturing makes and sells fuel injection devices and is located at the KNA headquarters; Keihin Aircon North America (Muncie, Indiana) produces and sells automotive HVAC units, primarily for Honda; Keihin Carolina System Technology (Tarboro, North Carolina) constructs and markets engine analyzers (EA) and sensors (ECU); and Keihin Michigan Manufacturing (Capac, Michigan) manufactures carburetors for motorcycles and ATVs.
KNA also makes industrial valves, electronically controlled fuel injection for watercraft and marine engines, and components for generators, cultivators, lawn mowers, and other agricultural and industrial engines. Keihin Fuel Systems (New Berlin, Wisconsin), a part of Keihin's Overseas Group, sells carburetors, fuel injection devices, and aftermarket products, which include automotive components for racing vehicles.
Major shareholders of the company include Tokyo-based Keihin Corp., which is a leading automotive supplier with global annual sales of $3 billion. Keihin's largest shareholder is Honda Motor Company. American Honda Motor Company and Honda Foundry Co. (Japan) also hold a stake in the company. Keihin began US manufacturing in 1989. – less