Smartflex plans for future growth with new Philippines facility.TUSTIN Tustin (tŭs`tĭn), residential city (1990 pop. 50,689), Orange co., S Calif., part of the greater Los Angeles area; founded 1868, inc. 1927. Plastics, furniture, computers, and electronic equipment are manufactured. , Calif.--(BUSINESS WIRE)--March 15, 1996--Smartflex Systems Inc. (NASDAQ NASDAQin 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 :SFLX) Friday Friday: see Sabbath; week. Friday young Indian rescued by Crusoe and kept as servant and companion. [Br. Lit.: Robinson Crusoe] See : Servant announced that it has completed its evaluation of potential sites for establishing a high-volume Far East manufacturing facility. The new facility will be located in Cebu, the Philippines, and will be within the Mactan Export Processing Zone, an area which encourages business investment through various government incentive programs. The island of Cebu has a population of approximately 3 million and is about one hour's flight south of Manila Manila (mənĭl`ə), city (1990 pop. 1,601,234), capital of the Philippines, SW Luzon, on Manila Bay. Manila is the center of the country's largest metropolitan area, its chief port, and the focus of all governmental, commercial, industrial, . The Cebu facility will provide an additional 30,000 square feet of manufacturing space for high-volume precision assembly. Smartflex presently expects the facility to be customer-qualified, and in volume production, in the third quarter of 1996. At full capacity, the facility will employ approximately 400 people and manufacture 200,000 flexible interconnect (1) To attach one device to another. (2) A physical port (plug, socket) or wireless port (transmitter, receiver) used to attach one device to another. assemblies per week. Responsible for the Cebu facility will be Eleazar Duclayan, General Manager, who has 20 years of manufacturing experience. Duclayan was previously director of operations at Sunward Technologies Philippines, a Read-Rite company, which provides head stack assemblies to the computer disk drive industry. Smartflex currently operates a dedicated manufacturing line in Manila within the facilities of Electronic Assemblies Inc. (EAI (Enterprise Application Integration) Refers to various techniques used to share data and business processes in large enterprises. When companies acquire another organization, disparate information systems have to be made to work together. ) which was brought into production in 1994. Smartflex's decision to expand its operations in the Philippines was based on the excellent productivity and quality attained at·tain v. at·tained, at·tain·ing, at·tains v.tr. 1. To gain as an objective; achieve: attain a diploma by hard work. 2. within the Manila facility. The Cebu facility will give Smartflex expanded Far East capacity to support increasing demands for precision assembly by customers in the Asia-Pacific region. Smartflex also operates manufacturing facilities in Tustin; Monterrey, Mexico; and Singapore. Smartflex Systems Inc., with headquarters in Tustin, is an electronic manufacturing services provider of sophisticated electronic assemblies and sub-assemblies. Smartflex provides comprehensive interconnect solutions, specializing in precision surface mount technology on flexible substrates. CONTACT: Smartflex Al Castleman, 714/838-8737 or FiMaC Juna Rowland, 310/493-6983 |
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