Kalistani Major History

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KalMM celebrates 2 years of Lourennaise prosperityKalMD looks for further expansion
Thiers, Louives, Lourenne
January 7, 4452


KalMM's Lourenne MFP-2 celebrates its second anniversary this year

KalMM's expansion to Lourenne under the joint venture deal established last decade is deemed a great success.  Now that KalMM is opened in both Kalistan and Lourenne's high tech corridor in Thiers, both subsidiaries are working toward specialization and reduction of redundancies.  The Lourenne arm of the company will focus on research and development, and the Kalistan Arm will focus on implementation and further miniaturization.

KalMM CEO Michelle Marks-Bennots, who has overseen the expansion into Lourenne commented:  "We are focusing heavily on expanding the brand and becoming a leader in things like augmented reality- you know, those little heads up displays that you see some people wearing, that connects you to the net.  Lourenne is a decade or so ahead of Kalistan with regard to R&D of high tech.  It is natural then that their engineers should handle further advancements in technology.  Meanwhile, we are virtually unlimited with regard to production facilities.  There are things we will learn from our Lourennaise colleagues, and there are things we can teach them.  each branch then works to expand services and reduce price point, so that KalMM devices will be the consumer leader in cell phones, tablets, and AR devices, as well as building infrastructure throughout northern Seleya and central Dovani."

KalMM stocks in the Kalsie have enjoyed a fairly steady rise, and have begun paying dividends of 15% with the largest portion of the profits being pumped back into the company in development and stock buybacks.  The conservative fiscal model guarantees KalMM a very long life, slow and even growth, and excellent wages and compensation for workers.  Expansion into Lourenne, and further growth in Kalistan will make the joint venture a strong player in the electronics market for the foreseeable future.