Cisco Systems, Inc. Unveils Optical Manufacturing Strategy and Announces Grand Opening of Its New England Manufacturing Center.Business Editors/High-Tech Writers SALEM, N.H.--(BUSINESS WIRE)--Oct. 3, 2000 The New Cisco Facility in Salem, New Hampshire Salem is a town in Rockingham County, New Hampshire, United States. The population was 28,112 at the 2000 census. Salem is a marketing and distributing center, with several colleges, recreation attractions and a large shopping mall, the Mall at Rockingham Park. Will Become the Hub for Production of Next Generation Optical Systems Cisco Systems “Cisco” redirects here. For other uses, see Cisco (disambiguation). Cisco System,Inc. (NASDAQ: CSCO, HKSE: 4333 ) is an American multinational corporation with 54,000 employees and annual revenue of US $28.48 billion as of 2006. , Inc. (Nasdaq:CSCO CSCO Cisco Systems Incorporated (stock symbol) CSCO Chief Supply Chain Officer ), the worldwide leader in networking for the Internet, today unveiled its optical manufacturing strategy at the grand opening of its New England New England, name applied to the region comprising six states of the NE United States—Maine, New Hampshire, Vermont, Massachusetts, Rhode Island, and Connecticut. The region is thought to have been so named by Capt. Manufacturing Center in Salem, N.H. Optical networking Communications between computers, telephones and other electronic devices using light. An optical network is far more reliable and has far greater potential transmission capacity than networking in the electrical domain. See optical fiber. is one of the innovative Cisco technologies that is revolutionizing what can people can do with the Internet. The explosion in Internet demand has accelerated the need for optical systems to relieve the need for bandwidth. Cisco's optical networking technology is creating a new road map for the Internet, moving more information more efficiently and more cost effectively than ever. Cisco's three-phase manufacturing strategy includes a worldwide recruitment effort (2,500 employees within the next 3-5 years), which is currently underway; capital and interior improvements of over $100 million dollars; establishment and implementation of a "portable photonics manufacturing process" to help Cisco's strategic partners quickly adopt optical manufacturing processes and produce optical systems based on Cisco's requirements. Cisco executives, joined by New Hampshire's Governor Jeanne Shaheen Jeanne Shaheen (born January 28, 1947) was the first woman to be elected governor of the U.S. state of New Hampshire. She has most recently served as Director of the Harvard Institute of Politics, before resigning to run for the United States Senate in the 2008 elections. officially opened the doors of its 674,000 square foot manufacturing facility today at a dedication ceremony that marked the next phase of Cisco's plans. Cisco has traditionally been recognized as a leader in "virtual manufacturing Virtual manufacturing The modeling of manufacturing systems using audiovisual or other sensory features to simulate or design alternatives for an actual manufacturing environment, or the prototyping and manufacture of a proposed product using computers. " with an unmatched capability to scale its production through external manufacturers to meet market demand. With this new portable photonics manufacturing process, Cisco will be able to do the same with optical systems. By developing in-house optical manufacturing expertise and unifying corporate assets under one roof, Cisco will be able to reduce delivery cycle of products and stay ahead of market demand. "The tremendous growth in demand for optical solutions has created the need for this most recent expansion in manufacturing," said Carl Redfield, senior vice president of Manufacturing, Cisco Systems. "Cisco has been a pioneer in developing new world manufacturing processes. We will continue to lead in manufacturing by creating in-house expertise for optical systems manufacturing and working closely with customers and partners to meet market demand." "Cisco is a well-known leader in the Internet world. Its decision to manufacture the next generation of Internet products in New Hampshire New Hampshire, one of the New England states of the NE United States. It is bordered by Massachusetts (S), Vermont, with the Connecticut R. forming the boundary (W), the Canadian province of Quebec (NW), and Maine and a short strip of the Atlantic Ocean (E). is a clear indication of the strength of our economy and of Cisco's recognition of the technology talent in New Hampshire. I am pleased to help dedicate this state-of-the-art facility and look forward to working with Cisco in the future," said Governor Jeanne Shaheen. The New England Manufacturing Center will be located within the town limits of Salem, New Hampshire, approximately 40 miles northwest of Boston. Cisco's new manufacturing site is part of the company's plans for expansion and substantial growth in New England and is in addition to the existing New England Development Center in Massachusetts, which is currently under construction. Cisco also recently announced expansion plans for its optical systems division in Richardson, Texas Richardson is a suburb in Dallas County and Collin County, Texas. As of the 2000 census, the city had a total population of 91,803, while according to a 2006 estimate, the population had grown to 99,200. , known as "Telecom Corridor." New England Manufacturing Center The new manufacturing center will be utilized for test and assembly, and distribution of Cisco products globally. Products such as next generation optics-based routers and networking solutions will be built in the new facility. These high-end optical products are used for high capacity movement of information, including data, voice, and video. Up to 2,500 new jobs will be created within the next five years to support the new manufacturing center. New jobs available will include optical manufacturing technologists, component engineers, technicians, multiple levels of management, and production managers. Cisco's business is considered "clean industry," primarily providing high skill, high wage engineering and computer science jobs. Specific services have not yet been determined for the new facility. Existing Cisco campuses include on-site dining, ATM, health and fitness facilities, company store and other personal services personal services n. in contract law, the talents of a person which are unusual, special or unique and cannot be performed exactly the same by another. These can include the talents of an artist, an actor, a writer, or professional services. and amenities. Cisco expects to provide a similar array of personal services on the new site for its employees. Location The new Cisco manufacturing facility is comprised of 674,000 square feet of open office and manufacturing space. The facility is located on 110 acres of land at 9 Northeastern Boulevard, Salem, New Hampshire, adjacent to Exit 2, off of Route Interstate 93. Interior improvements will be performed to bring this facility to up to par with Cisco's state-of-the-art manufacturing standards. Cisco in New England Cisco in New England currently has several primary locations: Chelmsford, Lowell and Lexington Massachusetts. Currently, the 2,500-person employee base represents Cisco's Service Provider Line of Business, and up to twenty other business organizations, including the Internet Communications Software (communications, software) communications software - Application programs, operating system components, and probably firmware, forming part of a communication system. These different software components might be classified according to the functions within the Open Systems Group. There have been eleven New England based acquisitions since 1994, in the total amount of $9.9 billion dollars. Cisco's recruitment efforts in New England have been substantial in the areas of software engineering, application consultants, hardware engineering and marketing. Cisco Systems began in 1984 and today has $19 billion in annual sales and a market capitalization Market Capitalization A measure of a public company's size. Market capitalization is the total dollar value of all outstanding shares. It's calculated by multiplying the number of shares times the current market price. This term is often referred to as market cap. of over $435 billion. Cisco Systems employs approximately 36,000 employees worldwide. Cisco has a significant presence in strategic technology centers in San Jose, California San Jose (IPA: /ˌsænhoʊˈzeɪ/) is the third-largest city in California, and the tenth-largest in the United States. It is the county seat of Santa Clara County. , North Carolina's Research Triangle Park Research Triangle Park, research, business, medical, and educational complex situated in central North Carolina. It has an area of 6,900 acres (2,795 hectares) and is 8 × 2 mi (13 × 3 km) in size. Named for the triangle formed by Duke Univ. , Texas and Virginia in the United States. About Cisco Systems Cisco Systems (Nasdaq:CSCO) is the worldwide leader in networking for the Internet. Cisco news and information are available at http://www.cisco.com. Note to Editors: Cisco, Cisco IOS, Cisco Systems, the Cisco Systems logo are registered trademarks of Cisco Systems, Inc. and/or its affiliates in the U.S. and other countries. Connected Family is a service mark of GTE GTE General Telephone & Electronics GTE Génie Thermique et Énergie (French) GTE Gas Turbine Engine GTE Global Tropospheric Experiment GTE Geothermal Energy GTE Gas Turbine Efficiency plc (Sweden & USA) Service Corporation. All other trademarks mentioned in this document are the property of their respective owners. |
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