CKD Corporation will invest $13 million into the production site, which is scheduled to begin operations in fall 2021 and expected to add 70 jobs to the area. NAI Partners’ Troy Martin represented CKD Corporation in the transaction. Joe Novek and Darryl Dadon of CBRE represented the seller.
“CKD Corporation’s $13 million investment in the Lone Star State further solidifies Texas’ reputation as a premier economic destination both nationally and internationally,” said Governor Greg Abbott. “I am proud to welcome CKD Corporation to the Lone Star State and look forward to the economic prosperity this investment will bring to the Austin community. This trailblazing company, combined with Texas’ business-friendly environment and high-skilled workforce, will undoubtedly make for a long and successful partnership.”
CDK USA is the wholly owned subsidiary of CKD Corporation which is headquartered in Komaki Japan. CKD USA’s line of business is the distribution of pneumatic control components, drive components, pneumatic auxiliary components, fine system components, and fluid control components.