Key Tronic Corporation: A Forbes “Best Small Company”

Headquartered in Spokane, Washington, Key Tronic Corporation is a premier ISO-certified provider of electronics manufacturing services (EMS) for customers in the computer peripherals, telecommunications, printers, aerospace, industrial, and military markets. After being founded in 1969, Key Tronic was recognized as the number one producer of keyboards in the world just ten years later. The company produces products such as keyboards and input devices for use on domestic computers. Forbes has named Key Tronic as Number 34 on its list of America’s Best Small Companies for the year 2013.

• Spokane, Washington: A 130,000-square-foot facility that serves as the corporate headquarters while also conducting full product assembly, sub assembly, PCBA, molding, tooling, depot repair and reverse logistics.
• El Paso, Texas: An 80,000-square-foot facility that serves as the domestic and worldwide distribution center.
• Corinth, Mississippi: A 350,000-square-foot facility built 1961 that houses 260 employees and 10 surface-mount technology (SMT) lines.
• Oakdale, Minnesota: A 55,000-square-foot facility built in 1994 that houses 145 employees and 4 SMT lines in a positive airflow clean environment.
• Harrodsburg, Kentucky: A 22,000-square-foot facility built in 2000 that houses 100 employees and 4 SMT lines.
• Fayetteville, Arkansas: A 168,000-square-foot facility built in 1985 that houses 220 employees, 7 SMT lines, and a United States Small Business Administration (SBA) HUBZone.

For over forty years, Key Tronic has been a leader in precision plastic molding. The company operates over seventy injection molding machines spanning the gamut of 30 tons to 3000 tons in order to handle any client’s volume specifications. The facilities employ dedicated hopper loaders to ensure no material cross-contamination.

To increase its offerings to its customers, Key Tronic recently acquired circuit board producer CDR Manufacturing, Inc. just last month for USD$46.9 million in cash. With the acquisition of CDR Manufacturing, Key Tronic will have additional manufacturing facilities in Mississippi, Kentucky, and Mexico. Before the sale, CDR Manufacturing boasted USD$120 million in annual revenues.

For the fiscal year 2014, Key Tronic reported USD$305.4 million in total revenue—down from USD$361 million in the previous fiscal year 2013. The company employs a 3,000-strong workforce at its facilities in the United States, China, and Mexico.