Significant investments in both Mexico and US facilities
SANTA ANA, CA, Tuesday, September 3rd, 2019 -- PARPRO (4916:TW), a full service Embedded Design Solutions and Manufacturing Services company is pleased to announce its recent investment in support of the growing demand for both Mexico and the United States contract manufacturing services through upgrading, replacing, and adding to existing capital equipment and machinery. This major investment in new equipment is gearing us toward meeting current needs and future opportunities.
The latest significant investment in PARPRO’s equipment portfolio includes the addition of advanced, high speed surface mount technology (SMT) assembly at PARPRO’s brand new state-of-the-art facility in Mexico. This new SMT line is the first in PARPRO Mexico. It will provide the capability to meet the surge in demand, and importantly as part of the PARPRO group, also provide the ability to offer customers the option of onshore, offshore and nearshore manufacturing. With the growing trend of moving manufacturing back to North America, Mexico is seen as a preferred low cost alternative to China, particularly from a logistics and supply chain perspective. Currently being installed, the line will be ready for manufacturing in the 4th quarter of this year.
Meanwhile in California, PARPRO is investing at its North American Headquarters, PARPRO Technologies, Santa Ana, CA. This includes the addition of a Flying Probe Test System. The Takaya APT-1400F is the latest in Flying Probe test technology, with very few manufacturing facilities offering this capability and at this level. Other equipment upgrades includes a laser depanelization system, 3D AOI, and a 3D Solder paste inspection. This new equipment represents our ability to anticipate and support our customers’ changing needs, and the agility to continually adapt our production lines and skills to meet those needs.
“The upsurge of manufacturing in the United States and Mexico is strong, and PARPRO has been proactive in ensuring we are well-positioned to capture the opportunities presented to us.” said Thomas Sparrvik, PARPRO CEO. “We have attracted new and exciting business in the area of hardware security and autonomous systems, and our willingness to make investments to support our customers’ needs has allowed us to achieve continuous growth year after year.”
PARPRO is a full service design & manufacturing company with an emphasis on ODM solutions. We offer a comprehensive engineering-rich hardware systems with low-to-high volume manufacturing and integration/test capabilities, and pride ourselves on delivering simple to complex solutions making our manufacturing offerings competitive at virtually any volume and with any sourcing strategy. We serve customers in the aerospace/defense, gaming, medical, telecommunications and industrial markets providing time savings and cost optimization by minimizing margin stacks throughout the value chain.
PARPRO is a public company traded on the Taiwan stock exchange – PARPRO (4916:TW). For more information on investor relations reporting and regulatory information – please click here. For more information, press only: Justine Uyemura (760) 621-0699.