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NMA AMERICA OPENS NEW FACILITY IN NORCROSS; INCORPORATES AS U.S. FIRM

 NMA AMERICA OPENS NEW FACILITY IN NORCROSS; INCORPORATES AS U.S. FIRM
 NORCROSS, Ga., July 31 /PRNewswire/ -- NMA America Inc., a newly incorporated U.S.-based provider of flexible PCB and final assembly systems to the electronics market, opens its new 15,000-square-foot facility at 5875 Peachtree Industrial Blvd. in Norcross today.
 NMA America was incorporated in the United States following the November 1991 management buyout of NMA, b.v., for an undisclosed sum from the Dutch electronics giant Philips. That buyout, the largest in Philips' history, was led by Machiel Baaijens, now managing director of NMA and holder of the majority of shares in the company.
 NMA's products include systems for railroad safety, flexible assembly and security barriers. Worldwide sales volume is about $41 million.
 "We created NMA America to make it easier for our customers here to do business with us," stated Jaap Korf, president of NMA America. "In our business, it is imperative to bring our technology as close as possible to our customers. The move will improve our response time for after-sale service as well." Korf noted that NMA has supplied, or is currently supplying, PCB and final assembly systems to Apple, Ford, General Electric, General Motors, Hewlett Packard, IBM, Magnavox, Philips and Thompson Consumer Electronics (RCA).
 In the American market, NMA systems for PCB and final assembly have been available through the Philips Industrial Automation Division, also located in Norcross, since 1987. Philips will continue to serve as the exclusive sales agent for NMA America in the Western Hemisphere.
 NMA America's new building includes corporate offices, engineering capability, space for assembly and staging of systems warehousing and spare parts storage. Expanded engineering and manufacturing facilities are anticipated in the future.
 -0- 7/31/92
 /CONTACT: Jaap Korf, president of NMA America, 404-840-4040, or Len Goldberg of L. Goldberg Associates, 908-665-2171, for NMA America/ CO: NMA America Inc. ST: Georgia IN: CPR SU:


CK-TS -- NY013 -- 5489 07/31/92 10:08 EDT
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Publication:PR Newswire
Date:Jul 31, 1992
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