Thursday, July 12, 2007

Endicott Interconnect Technologies, Inc. Offers PCB Assembly Capability for High Volume Commercial Applications in Shenzhen, China

Endicott Interconnect Technologies, Inc. (EI) announced today that they have conditionally qualified their assembly operation for high volume commercial applications located in China and are currently ramping for full production. The Company has leased 40,000 sq. ft. of production space from Lorom Industrial Co. in its Shenzhen facility and installed production equipment to support this operation.

EI will provide all materials, technical know-how and training, including work instructions, documentation and engineering support to ensure successful production start up. Lorom will be responsible for facility maintenance, production staff and general support per EI’s specifications and requirements. EI will maintain control of the design, new product introduction activity, specifications, quality requirements, sales and technical support worldwide for the products. 
 


“I am looking forward to a mutually beneficial partnership with Lorom. Their world-class manufacturing facilities and skilled workforce along with their continual focus on achieving the highest quality products and value-added solutions at competitive prices will greatly benefit our customers worldwide,” commented James J. McNamara Jr., President and CEO of EI.

“This agreement complements EI’s long-term manufacturing strategy of delivering high quality, cost effective products to our global customer base. By expanding our assembly offering we are able to provide a total solution, including technical support from our Endicott facility during the new product introduction phase and cost effective, high volume production capability in China,” added Wade Phelan, VP and GM, Complex Assembly Division for EI. 



“EI’s success is admirable. After many constructive meetings with mutual trust and respect, we applaud EI for choosing to partner with Lorom in this effort. This union makes our Lorom, Shenzhen plant more valuable than ever. This agreement also offers our employees the opportunity to work with one of the preeminent manufacturing companies while delivering our customers a broad range of high quality products at competitive prices. I strongly believe this partnership will strengthen our high-tech manufacturing development and bring prosperity through a substantial increase in global market share to both companies,” stated YT Yuan, President and CEO of Lorom Industrial Co., LTD.
 


About Lorom Industrial Co., LTD.

Lorom, established in 1988, is a vertically integrated, global provider for manufacturing and development of PCB assembly, bulk cables and assemblies, power and fiber patch cords, wire harnesses, adapters and terminators and value added solutions. Headquartered in Taipei, Taiwan, Lorom has a worldwide sales presence and state-of-the-art manufacturing capability in Taiwan and mainland China. For more information about Lorom, please visit www.lorom.com