Keywords
Citation
(2002), "Park/Nelco announces a major expansion of its Singapore facilities", Circuit World, Vol. 28 No. 1. https://doi.org/10.1108/cw.2002.21728aab.015
Publisher
:Emerald Group Publishing Limited
Copyright © 2002, MCB UP Limited
Park/Nelco announces a major expansion of its Singapore facilities
Park/Nelco announces a major expansion of its Singapore facilities
Keywords: Park Electrochemical Corp., Nelco
Park Electrochemical Corp. has approved a major expansion of the manufacturing facility of its Nelco Singapore business unit. The expansion will involve total capital spending of approximately US$25 million over approximately the next 18 months. The company plans to fund this expansion through currently available cash. The company's Nelco Singapore facility currently has manufacturing capacity of approximately US$120 million per year. When completed, the expansion program is expected to increase the annual manufacturing capacity of the Nelco Singapore facility to approximately US$200 million. This expansion will incorporate the new manufacturing technology the company has recently developed with its equipment suppliers in the area of next-generation treating, automated set-up, automated lay-up, vacuum pressing and automated finishing. These new manufacturing technologies are designed to improve cycle times, product quality, product technology, manufacturing yields and efficiencies and productivity, and to reduce manufacturing costs.