Parlex Corporation Receives Certified Supplier Award from Textron Systems.Business/Technology Editors Parlex Corporation announced today that its Flexible Printed Circuit operation located in Methuen, Massachusetts For other uses of Methuen, see . Methuen is a city[1] in Essex County, Massachusetts, United States. History Methuen was first settled in 1642 and was officially incorporated in 1726. received the Certified Supplier Award from Textron Systems for achieving "World Class Supplier" status. Parlex Corporation, a leading designer and manufacturer of flexible interconnect assemblies and custom graphics, has actively supplied flexible circuits to Textron's aerospace and military divisions for over 15 years. The prestigious Certified Supplier Award, received on June 5, 2002, marks the third time that Parlex has been recognized by Textron Systems for its operational excellence. Parlex was awarded the Certified Supplier Award based on its production of multi-layer flexible circuits for Textron Systems Sensor Fuzed Weapon (SFW SFW Science Fiction Weekly SFW Safe for Work (website links) SFW Solaris Freeware (open source software delivered in Solaris and supported by Sun) SFW Sensor Fuzed Weapon SFW Suitable for Work ) program. As a Certified Supplier for Textron, Parlex has the authority to ship finished product from the Methuen manufacturing facility directly to Textron's inventory, thereby eliminating the incoming inspection process. In today's highly competitive environment, this process enables Textron to reduce cycle time and operating expense Operating Expense The essential things that a company must purchase in order to maintain business. Notes: For example, the payment of employees wages are an operating expense. Also known as OPEX. while maintaining total confidence that products will be defect free. "Attaining Certified Supplier status requires a review of a suppliers manufacturing and inspection documentation, coupled with continued high quality ratings," stated Sean Dempsey, Director of Product Assurance for Textron Systems. "Based on this criteria, Parlex clearly aligns with Textron's goals and objectives for providing total customer satisfaction. We are honored to present Parlex with this award and highly confident in the quality of their manufacturing and documentation processes." "As a customer focused organization with quality as our primary driver, Parlex takes great pride in 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. ," stated Joe O'Neill Joseph "Joe" O'Neill (born October 28 1982 in Blackburn, Scotland) is a footballer, currently playing for Altrincham. He struggled to establish himself in the Football League with Preston North End but had several loan spells with other clubs until he left for York City in 2005. , General Manager for Parlex Methuen. "We are extremely pleased to be awarded this certification as it demonstrates Textron's confidence in our ability to meet their most demanding expectations for quality delivery and service. Our success is credited to the culmination of tremendous contributions by individuals on both sides of the Textron and Parlex team." About Textron Systems Textron Systems, a wholly owned subsidiary Wholly Owned Subsidiary A subsidiary whose parent company owns 100% of its common stock. Notes: In other words, the parent company owns the company outright and there are no minority owners. of Textron, Inc., provides innovative technology solutions to meet the needs of the global aerospace and defense industries. The company supports military precision engagement and dominant maneuver with strike weapons, mobility and surveillance systems. The Textron name is well known in the areas of advanced weapons, surveillance systems, aircraft control components, specialty marine craft and armored vehicles. About Parlex Corporation Parlex Corporation is a world leader in the design and manufacture of flexible interconnect products. Parlex produces custom flexible circuits and laminated cables utilizing proprietary processes and patented technologies, which are designed to satisfy the unique requirements of a wide range of customers. Its manufacturing facilities are located in the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. , China, Mexico, and the United Kingdom. NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on SYMBOL "PRLX PRLX Parallax " |
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