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Brady Corporation Expands in Asia.


MILWAUKEE -- Brady Corporation Brady Corporation is a US based multi-national company specialising in the manufacture of labels and label printers for use in offices and industry. Company History
Brady was founded in 1914 in Eau Claire, Wisconsin, as W.H. Brady Co.
 (NYSE NYSE

See: New York Stock Exchange
:BRC BRC Black Rock City (Burning Man)
BRC British Retail Consortium
BRC Business Resource Center (Small Business Administration)
BRC Bisexual Resource Center
BRC Black Radical Congress
), a world leader in identification solutions and specialty materials, announced today that it has expanded its manufacturing operations Manufacturing operations concern the operation of a facility, as opposed to maintenance, supply and distribution, health, and safety, emergency response, human resources, security, information technology and other infrastructural support organizations.  near Bangkok Bangkok (băng`kŏk'), Thai Krung Thep, city (1990 pop. 8,538,610), capital of Thailand and of Bangkok prov., SW Thailand, on the east bank of the Chao Phraya River, near the Gulf of Thailand. , Thailand and in Penang, Malaysia, and has opened a new manufacturing center and shared services center Shared Services Center is the entity responsible for the execution and the handling of specific operational tasks Accounting, human resources, payroll, IT, legal, compliance, purchasing, security.  in Bangalore, India.

Brady (Thailand) Co., Ltd. and Brady Technology Sdn Bhd SDN BHD Sendirian Berhad (Malay equivalent to incorporated)  in Malaysia were established to expand Brady's manufacturing presence in the Asia/Pacific region and provide a greater level of support to Brady's growing customer base in the region. Brady's operations in Thailand are centered around two recent acquisitions. The expansion there includes the addition of 25,000 square feet of class 10,000 clean-room space at Brady's Chonburi facility, bringing the facility's total manufacturing capacity to 65,000 square feet. Manufacturing in Thailand includes precision die-cut and stamped parts, and high-performance labels for the hard-disk-drive industry and related manufacturers. Brady now employs over 300 people in Thailand.

"As the storage capacity of hard disk drives continues to expand exponentially ex·po·nen·tial  
adj.
1. Of or relating to an exponent.

2. Mathematics
a. Containing, involving, or expressed as an exponent.

b.
, the demands for cleanliness Cleanliness
See also Orderliness.

Cleverness (See CUNNING.)

Berchta

unkempt herself, demands cleanliness from others, especially children. [Ger. Folklore: Leach, 137]

cat

continually “washes” itself.
 and precision components is becoming a greater necessity for our customers. Our clean-room facilities in Thailand coupled with our engineering expertise allow us to provide cost-effective, leading-edge solutions to our customers," said Allan Klotsche, Brady president - Asia Pacific.

The expansion in Malaysia includes opening of a new 50,000 square-foot facility in the Bayan Lepas Bayan Lepas is a town in Penang, Malaysia. It is the location of Penang International Airport. Bayan Lepas is also the industrial hub of Penang, being home to the Free Industrial Zone, where factories of many multinational companies are located.  Free Industrial Zone in Penang, Malaysia. The new Penang facility houses manufacturing of high-performance labels and die-cut materials, as well as engineering and assembly of portable printers and cartridges
  • List of rifle cartridges
  • List of handgun cartridges
  • Table of pistol and rifle cartridges
  • List of cartridges by caliber
 for the Asian, European and U.S. markets. Brady first opened a sales office in Penang in 1998, and began manufacturing there in 2003. The company currently employs about 145 people in Penang.

Manufacturing at the new 30,000 square foot, state-of-the-art manufacturing facility based in Bangalore, India will focus on high-performance labels and die-cut materials for mobile- phone and portable-electronics manufacturers. Brady has also opened a separate "Center of Excellence" in India to support Brady's worldwide operations by processing back-office financial transactions. Brady employs 70 people in India.

"Brady is committed to being the leader in the industry it serves by delivering differentiated solutions to its customers. Our increased presence in Thailand, Malaysia and India allows us to serve our customers better, strengthen key partnerships and extend our reach into fast-growing Asian markets," Klotsche added.

Brady plans to continue to support its growth in the region with additional expansions in China and Japan in 2007.

Brady Corporation is an international manufacturer and marketer of complete solutions that identify and protect premises, products and people. Its products help customers increase safety, security, productivity and performance and include high-performance labels and signs, safety devices, printing systems and software, and precision die-cut materials. Founded in 1914, the company has more than 500,000 customers in electronics, telecommunications, manufacturing, electrical, construction, education, medical and a variety of other industries. Brady is headquartered in Milwaukee and employs more than 9,000 people at operations in the Americas, Europe and Asia/Pacific. Brady's presence extends throughout the Asia-Pacific region, which today accounts for nearly 30 percent of total company sales which were approximately $1.018 billion in fiscal 2006.

Brady believes that certain statements in this news release are "forward-looking statements forward-looking statement

A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections.
" within the meaning of the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and  of 1995. All statements related to future, not past, events included in this news release, including, without limitation, statements regarding Brady's future financial position, business strategy, targets, projected sales, costs, earnings, capital expenditures, debt levels and cash flows, and plans and objectives of management for future operations are forward-looking statements. When used in this news release, words such as "may," "will," "expect," "intend," "estimate," "anticipate," "believe," "should," "project" or "plan" or similar terminology are generally intended to identify forward-looking statements. These forward-looking statements by their nature address matters that are, to different degrees, uncertain and are subject to risks, assumptions and other factors, some of which are beyond Brady's control, that could cause actual results to differ materially from those expressed or implied by such forward-looking statements. For Brady, uncertainties arise from future financial performance of major markets Brady serves, which include, without limitation, telecommunications, manufacturing, electrical, construction, laboratory, education, governmental, public utility, computer, transportation; difficulties in making and integrating acquisitions; risks associated with newly acquired businesses; Brady's ability to retain significant contracts and customers; future competition; Brady's ability to develop and successfully market new products; changes in the supply of, or price for, parts and components; increased price pressure from suppliers and customers; interruptions to sources of supply; environmental, health and safety compliance costs and liabilities; Brady's ability to realize cost savings from operating initiatives; Brady's ability to attract and retain key talent; difficulties associated with exports; risks associated with international operations Internal Operations (I.O., IO or I/O) is a fictional American Intelligence Agency in Wildstorm comics. It was originally called International Operations. I.O. first appeared in WildC.A.T.S. volume 1 #1 (August, 1992) and was created by Brandon Choi and Jim Lee. ; fluctuations in currency rates versus the US dollar; technology changes; potential write-offs of Brady's substantial intangible assets Intangible Asset

An asset that is not physical in nature.

Notes:
Examples are things like copyrights, patents, intellectual property, and goodwill. These are the opposite of tangible assets.
; risks associated with obtaining governmental approvals and maintaining regulatory compliance for new and existing products; business interruptions due to implementing business systems; and numerous other matters of national, regional and global scale, including those of a political, economic, business, competitive and regulatory nature contained from time to time in Brady's U.S. Securities and Exchange Commission filings, including, but not limited to, those factors listed in the "Risk Factors" section located in Item 1A of Part II of Brady's Quarterly Report on Form 10-K Form 10-K

A report required by the SEC from exchange-listed companies that provides for annual disclosure of certain financial information.


Form 10-K

See 10-K.
 for the period ended July 31, 2006. These uncertainties may cause Brady's actual future results to be materially different than those expressed in its forward-looking statements. Brady does not undertake to update its forward-looking statements.
COPYRIGHT 2007 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2007, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Jan 4, 2007
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