PCB | September 18, 2009
PBSI invests £400,000 in new PCB production plant in Manchester
PBSI Ltd, the Manchester-based manufacturer of control systems, has invested £400,000 in a new production plant as it seeks to break into the US market and expand in the Middle East.
The Gorton-based business says the new printed circuit board (PCB) production plant represents a major investment for the firm and will quadruple current relay production capacity. On the back of the investment the firm is in talks with potential partners to sell its equipment in the US and has recently applied to establish a sales office serving the Middle East in the Knowledge Oasis Muscat, a technology park located outside the capital city of Oman. PBSI, owned by family shareholders and management, was created following the merger of switchgear maker P&B Engineering and engineering firm WM Shakeshaft in 1987. Earlier this year it was ranked 34th in the Crain’s Manchester Business Fast 50 after growing turnover from £6m in 2006 to £9.2m in 2008, a 47.4 per cent increase. The company, headed by managing director Keith Hamilton, makes intelligent protection and control systems for offshore oil platforms, oil refineries, gas plants, petrochemical plants and gas-fired power stations. The small company competes with major multinationals such as ABB, AREVA and General Electric while customers include Wartsila in Norway, Schneider in France and Siemens in Germany. One of its largest customers is Indian engineering and construction conglomerate Larsen & Toubro Ltd who currently buys several thousand relays a year. Hamilton said: “We compete against most of the major multinationals and relish the battle as we believe our willingness to react quickly to market movements or new system requirements gives us an edge.” He said the new PCB plant, which will be fully operational at the end of October, will offer the company the chance to grow and win new markets. He added: “We have expanded quite quickly over the last few years and to cope with this we have over this year invested heavily, for a company of our size. “The payback should we get the orders is that the new plant will allow us to triple or perhaps even quadruple our current relay production capacity. We are attempting to enter the US market and are currently in discussion with one or two potential partners. “Some will see us as a manufacturing dinosaur that should have gone to China, India or Eastern Europe years ago like everyone else. We have always believed that UK product design is amongst the best in the world and if you design it here why not make it here too and then sell to those expanding markets? I believe things can be made as cheaply as the Far East provided automation production techniques are used.” The company has recently won new contracts in Oman, Abu Dhabi and in Dubai, where it has supplied relays to the new airport. Adam Buckley, head of programmes for The Manufacturing Institute said: “PBSI is a shining example of the sort of resilience and far sightedness we see every day in regional manufacturing. They demonstrate that it is possible to compete against lower cost economies and win through knowledge, efficiency, innovation and determination. It is excellent news that PBSI is investing for the future and seizing global opportunities — ready to take advantage of an upturn in the economy. We applaud their success.”
Mycronic receives order for an SLX mask writer Swedish equipment provider, Mycronic AB, has received an order for the new SLX mask writer from a customer in Asia. The customer already has mask writers from Mycronic.
A new production unit for mirror segments for ELT Safran's new production unit at the company's Saint-Benoît facility near Poitiers in central France will make the primary mirror segments for Europe's Extremely Large Telescope (ELT).
A more sustainable approach to semiconductor manufacturing Reuse; that is the key to driving environmental sustainability in global semiconductor manufacturing, says Steven Zhou, CEO of Moov Technologies.
Teslas German venture comes to a halt following court order A court in Germany has ordered the US electric carmaker to stop clearing the forest at its future location outside Berlin.
Marposs expands with acquisition of Stil Precision metrology equipment supplier Marposs has acquired STIL S.A.S., a French company specializing in research, development, production and sales of optical measurement instruments.
Z-AXIS shares good news from 2019 Electronics design and CMS provider Z-AXIS Inc. released 2019 data showing showing robust revenue growth as well as an expansion to its workforce.
Fluidra reaches a deal to acquire Fabtronics Fluidra, a company within the pool and wellness equipment industry, has acquired Australian electronics manufacturer Fabtronics to strengthen its R&D capabilities and to incorporate complete, efficient and cost-effective electronics design and manufacturing solutions.
Garz & Fricke acquires Keith & Koep Hamburg-based Garz & Fricke Group has acquired Keith & Koep GmbH, located in Wuppertal, Germany. With this move, a new powerhouse for ARM-based embedded technologies in Europe has been formed.
ABB to close Hungarian plant – 1’000 jobs lost The power and automation company will close its production facility in Ozd, in northeastern Hungary, by the end of the year.
AT&S' plant Chongqing II back in operation Austrian PCB manufacturer, AT&S, announces that the Plant II at its Chinese location in Chongqing will resume operations.
Arçelik A.Ş files IP lawsuit against LG Arçelik A.S, owners of the Beko and Grundig brands, filed a lawsuit against LG Electronics and its subsidiaries in Germany and France for patent infringement in relation to the unlicensed implementation of the company’s direct drive technology in LG Electronics’ “6 Motion” washing machines.
Seagate unifying workforce at green Fremont site Data storage and management solutions provider Seagate Technology plc is consolidating its San Francisco Bay Area workforce by relocating the company’s Cupertino operations to its existing sustainable Fremont facility.
Coronavirus afflicts more electronic supply chains With the epidemic arriving at dawn of 5G’s mainstream deployment phase, the coronavirus has the potential to disrupt the progress of the next-generation wireless standard, as the crisis slows or threatens to slow the production of key smartphone components, including displays and semiconductors, according to Omdia.
Solid financial improvements for Kitron EMS provider Kitron could show off solid financial improvements, both for the fourth quarter and full year 2019.
Zollner resumes operations in China The German EMS provider Zollner says that its plant in Taicang is reopened. Work continues under strict safety conditions and not to the full extent.
Step-by-Step: Foxconn makes progress in WI Next construction phases of vertical construction, including steel placement, have commenced at Foxconn’s 296,000-square-foot Smart Manufacturing Center at the Wisconn Valley Science and Technology Park (WVSTP).
Eaton boosts offerings with acquisition of PDI Inc. Power management company Eaton has struck a deal to purchase Virginia-based Power Distribution Inc. (PDI), a supplier of mission critical power distribution, static switching, and power monitoring equipment.
BASF to set up cathode active material production in Germany BASF is planning a new battery materials production site in Schwarzheide, Germany, as part of its multi-step investment plan to support the European electric vehicle (EV) value chain.
Shipment from China to GPV sites worldwide has restarted Some of GPV's most important suppliers in China are back in operation which means that important shipment to GPV sites worldwide has restarted. However, not all supplies might be complete, the company says.
Orbit One expands with new test team in Poland The Swedish EMS provider is launching another test team within the group.
Volvo and Geely considers a combined company Volvo Car AB and Geely Automobile Holdings Limited are considering combining their businesses to create a strong global group, which would accelerate financial and technological synergies between the two companies.
Cepton nails major funding from Koito Lidar technology specialist Cepton Technologies Inc. has secured USD 50 million in Series C funding from Koito Manufacturing Co. Ltd., a Tier 1 provider of automotive lighting systems.
RoboSense obtains IATF 16949 certification Automotive LiDAR manufacturer, RoboSense, has obtained the IATF 16949 certificate in the automotive field, which now fully qualifies it to supply to automotive customers.
Manz to deliver assembly lines to Akasol for battery production Manz AG has received an order from the German Akasol AG for assembly lines to produce lithium-ion battery modules. The placing of the order with a total volume of up to EUR 20 million euros has been split into several tranches.Load more news