Eurocircuits biggest investment to date
One thing has always been clear for PCB manufacturer Eurocircuits – continues investments have been the key for the company’s success, and investments have been made.
The company has, throughout the years, made investments in all areas of the company, from new factories (here’s an example from when the company constructed its second manufacturing facility in Hungary which today houses the assembly unit), test and manufacturing equipment, software development and all the way to customer support and in people. This year however, Eurocircuits has made its biggest investment to date; EUR 5 million. An investment that is meant to assist the company to meet the demands coming from its customers, the company discloses in an update. But it’s not ‘just’ made to meet the demand of the company’s services, it’s also been made to sharpen them – reducing the delivery time. “For example, this year we reduced our standard delivery from 7 to 3 working days for our PCB Proto service to meet customer demands. We also introduced our 3+3 service, offering Prototype PCBs Manufactured in 3 days and Assembled in 3 days,” the company writes in the update. Out of the EUR 5 million investment, a major part was earmarked to improve and expand the company’s assembly service. But investments were also made in the PCB production and software development. Assembly services is still in many ways very new for Eurocircuits, the company introduced the service about two years ago as a Prototype & Small Series service in direct response to customer and market demands. Since then, the demand for the company’s assembly services has skyrocketed and already in 2018 it became very clear that a larger investment would be required soon in order to meet the increasing demand of the service. Just to put this in perspective, and remember, this is a fairly new service, in 2019 (January to October) the company’s assembly service had handled more than 3’500 orders from more than 1’100 customers. Now, let’s put this in contrast to the 1’700 orders from 670 customers to the entire year of 2018. Evertiq reached out to Dirk Stans, managing partner of Eurocircuits, to get some insights on exactly what the investment provided the company with, and the shopping list is a long one – just listen to this. The Belgian operation got an upgrade in Integr8tor licenses. The site went from having 20 to 40 in total. As a side note, the addition makes Eurocircuits’ Belgian site the largest Integr8tor site UCAMCO has amongst its customers worldwide. The company’s German PCB production got a new etching line from ITC/WISE and two new routing machines from Lenz. The Hungarian PCB manufacturing unit got a new A7 flying probe tester from ATG, a new Direct Imaging Ledia from UCAMCO and 3 Schmoll routing machines. As you can see, Christmas came early for the company. However, the biggest chunk of the investment went to the company’s newest venture; the assembly service unit. The Hungarian assembly unit received four Mycronic MY300 pick & place machines, two MY700 solder paste jetters, six SMD automatic stocking towers and some 2’500 feeders. But we’re not done just yet. Adding to this the unit also got two ERSA 3/20 Hotflow reflow ovens, a Europlacer SP710 screen printer and a XTV160-XRAY machine from Nikon and then we top it all off with an SPI unit from Koh Young. With an investment in assembly such as this one, it is difficult to continue to call Eurocircuits ‘just’ a PCB manufacturer, the company is moving more and more towards becoming a full-fledged “electronics supplier”. “Our assembly is very well placed in Hungary as the country is after Germany the biggest electronics manufacturing area in Europe. This assures us support from our suppliers on all technologies we use and that on very short notice which is exactly what we need for our service of Fast Turnaround Prototypes & Small Series,” Dirk states. With an investment of this size, resulting in this much new equipment, one might also think that this will add some manpower, something that Dirk confirmed to Evertiq. “Yes of course this will boost up our number of people at the Hungarian site as we will quadruple our capacity for assembling PCB Prototypes & Small Series.” He goes on to explain that the Eurocircuits Group today has well over 400 employees out of which close to 200 are based in Hungary. “Normally we invest on a yearly basis between EUR 2 million and EUR 3 million, but EUR 5 million is our biggest party yet,” Dirk says while specifying that this is not just an investment in machines but rather; “an investment in a new service and a brighter future.”
Sanmina ‘We remain focused on driving profitable revenue growth’ The EMS provider recorded 2020 first quarter revenues of USD 1.84 billion, which is a YoY decrease from USD 2.18 billion during the same period 2019.
Philips' looking to increase health focus - ready to part with home appliances Royal Philips says it's reviewing options for future ownership of its Domestic Appliances business. The company will start the process of creating a separate legal structure for this business within the group, which is expected to be completed in 12 to 18 months.
Czech company acquires German PCB manufacturer Gatema a.s. has completed the biggest acquisition in its history to date. The Czech Republic-based has purchased Germany's Kubatronik – Leiterplatten GmbH Company, a company focused on the development and manufacturing of prototype and test boards.
Eltas new plant paves way for more complex electronics Slovenian electronics specialist Eltas recently inaugurated its new production facilities in Šentjernej. An investment that will see them expanding their product portfolio to include more advanced solutions.
GM: Detroit-Hamtramck to be EV assembly only GM announced today a USD 2.2 billion investment at its Detroit-Hamtramck assembly plant that will make it the automaker’s first facility completely dedicated to EV auto assembly.
Indra opens massive radar factory as it concentrates its manufacturing The new factory, located in San Fernando de Henares, will concentrate the company’s entire radar manufacturing for civil and military use.
New production lines installed at ESCATEC Penang Several new production lines are being set up at the company’s main facility in Penang, which hosts ESCATEC Electronics (EEM) and ESCATEC Medical (EDM).
Greg Grace takes the helm as MD of Incap Estonia Greg Grace has been appointed Director, Operations Estonia, and Managing Director of Incap Electronics Estonia, and member of Incap Group’s Management Team.
NA semi equipment industry posts December 2019 billings North America-based manufacturers of semiconductor equipment posted USD 2.49 billion in billings worldwide in December 2019 (three-month average basis), according to SEMI.
NOTE increases deliveries to Hövding Hövding 3, the latest version of the company’s airbag helmet, is fully ramped up at NOTE’s plant in China.
Eguana inks deal for residential energy storage systems Eguana Technologies Inc. has entered into a development contract with an unnamed renewable energy company to develop and certify proprietary residential storage systems for distribution through its sales channels across global markets.
BlueRing Stencils picks up Stone Mountain Tool BlueRing Stencils has acquired Georgia-based tooling supplier Stone Mountain Tool.
Bosch increases its stake in fuel-cell expert Ceres Power Bosch has increased its stake in Ceres Power from 3.9% to circa 18%. Bosch’s total investment in the company will be approximately 90 million euros.
Haldex Heidelberg staff urges management to reconsider the closure It was back in October of 2019 that Haldex announced that it was streamlining its production in Europe, a decision that would see the move of production from Heidelberg in Germany to Szentlörincskáta in Hungary.
Foxconn’s Gou: WI plant operational this year Foxconn Technology Group founder Terry Gou is indicating that the company’s new manufacturing facility in Mount Pleasant, Wisconsin, still currently under construction after multiple slowdowns, will generate products beginning this year.
Zentech acquires Trilogy Circuits LLC Zentech Manufacturing has acquired Texas-based Trilogy Circuits LLC, a provider of EMS services to military primes and other high-reliability industries in Texas and across the United States.
Markus Jeck to take lead of Enics Switzerland EMS provider Enics has appointed Markus Jeck as the new General Manager of Enics Switzerland.
Hanwha Precision Machinery launches tech centre in Germany Hanwha Techwin Automation Americas' – formerly Samsung C&T Automation – unit, Hanwha Precision Machinery, has launched an integrated tech centre for Europe in Germany to accelerate its global expansion.
TTM Technologies to sell four China manufacturing plants TTM Technologies is executing a definitive agreement under which the company has agreed to divest its four China manufacturing plants – which make up substantially all of the assets of its Mobility business unit.
Incap acquires AWS Electronics EMS provider Incap has signed an agreement to acquire 100% ownership of AWS Electronics Group.
Ampleon, Rochester Electronics ink deal RF power products supplier Ampleon and semiconductor manufacturer Rochester Electronics have forged a strategic partnership to extend the global supply of Ampleon’s VDMOS portfolio of high-performance RF transistors.
Trust Automation appoints new COO California-based Trust Automation Inc., a supplier of automation technology for industrial and defense applications, has welcomed Teddy Ross to the company as chief operations officer, effective immediately.
TDK Ventures invests in SLD Laser TDK Ventures Inc., a subsidiary of TDK Corporation, has invested in SLD Laser, a specialist in the use of gallium nitride (GaN) in the commercialization of visible laser light sources for multiple applications including automotive, mobility, medical, and specialty lighting.Load more news