PCB | June 21, 2007
SOMACIS on the wings of the Chinese dragon
Giovanni Tridenti, managing director of SOMACIS pcb industries and CEO of Dongguan Somacis Graphic PCB Co. Ltd., talks about the expansion strategy of the Group and the new challenge in China, during the inauguration of the Chinese plant.
Photo capture Giovanni Tridenti, CEO of the new plant Dongguan Somacis Graphic PCB Co. Ltd. SOMACIS pcb industries announces it's inauguration of a new production plant in China, a joint venture with Graphic Plc. It marks another step ahead in the company's expansion strategy and globalisation. 100 km from Hong Kong, in Chashan, Dongguan City. During the inauguration ceremony a dragon with 18 hearts dances to the beat of drums, bringing luck and good fortune to new ventures. A wildly colourful performance in traditional style. Mr Tridenti, so, there's a dragon in the future of SOMACIS pcb industries… That's right, a dragon of great virtue and qualities. The dragon is ever present in Chinese rites and celebrations as a good omen for newly founded companies, and, for those who have to make it succeed, wishes of wisdom, far-sightedness, friendship, longevity, leadership, heroism, agility, flexibility, hard-working and goodness count among the most valuable! The dragon embodies all of these, it is a symbol full of significance, as is the significance of this moment, this inauguration. The 18th January 2006 just a moment ago, when the first foundation stone was laid has brought us so quickly to this moment, the 24th May 2007, the opening ceremony. What an honour! A warm welcome from the Chinese dragon to the numerous guests from around the world… Yes, what a proud moment it is to be opening this new plant together with our English partners, from Graphic Plc the president Rex Rozario and the MD David Pike. Not to mention our shareholders, the Italian authority – amongst whom the Consul General of Italy in Canton Paolo Miraglia del Giudice – and the local Chinese governors – Jiang Lin, Lu Shaoxiong, Fang Jianbo, Huang Zhihao. The presence of our closest clients, mostly multinationals, of the world of finance, partner suppliers, local businessmen and management. The workers we meet later, during the guided visit of the plant, an integral part of this event. The sheer number of guests that we have here give an idea of how we look at this country, how we admire it and at the same time fear it, how we would like, in some ways, to contain it, but anyway how we must take it into great consideration. I, together with my all Italian team, have lived and breathed for the past year and a half the incredible leap forward in economic, scientific and cultural terms that emanates from this part of the world and reaches the rest of it. Living in China and having passed a year investing and growing in this country as entrepreneurs, we cannot remain distant from the great changes that are happening, we want to be part of those changes, be players in part of this change and reap the opportunities. We want to grow, to transform opportunities into success and growth for our company. Growing in a part of the world which is growing will help us achieve this more quickly, following the impulse towards the future and the determination we have to follow it. Today we have arrived at this point of departure and it's the right time to publicly thank all of those who have helped bring us here. The first of many thanks must go to our China project manager Mauro Dallora, the results of his outstanding work can clearly be seen by all, he has put all of his managerial skills and international experience to great use as the manager of the construction and start-up of our new plant. Guests arrival at the inauguration ceremony From left: Giovanni Tridenti admires the precious Chinese gift from the Chashan Government called 'At the height of power and splendour', Attilio Scalmati, Huang Zhihao, Major of Chashan, Jiang Lin, Deputy Mayor of Dongguan, Irene Yuan, deputy director of investment service center, Rex Rozario, president of Graphic Plc. Mauro Dallora, China project manager SOMACIS pcb industries Guided tour of the new plant in China
iBeam nabs start-up grant for MicroLED technology The New Mexico Economic Development Department announced that iBeam Materials Inc. is a recipient of one of five business start-up grants to science and technology companies.
New and expanded SoCal HQ for Relativity Space Relativity Space has secured a 120,000 sq. ft. space in Long Beach, California, to serve as the company’s business operations headquarters and manufacturing facility of its 3D printed rocket, Terran 1, and Aeon launch engines.
Huawei targets France for first European production plant Huawei says that it will build a new wireless communications product factory in France. The highly automated factory will focus on 4G and 5G equipment, and will primarily manufacture supplies for European customers.
IMI’s 2019 results strained by the weak market environment Integrated Micro-Electronics, Inc. (IMI) achieved revenues of USD 1.3 billion in 2019, a 7% decline versus 2018.
North American PCB industry sales down 5.2% in January Total North American PCB shipments in January 2020 were down 5.2% compared to the same month last year.
Covid-19 forces Italian EMS to shut down plant Italian EMS provider MTA, a designer and manufacturer of electronic and electromechanical components for the automotive industry, has been forced to close its Codogno production plant following regulations set by the Italian Minister of Health.
Ericsson to close European offices amid virus outbreak The Swedish telecom company is shutting down three offices in three different European countries after one of its employees in Croatia tested positive for the novel Coronavirus.
Advanced Energy's manufacturing facility in Penang is operational Advanced Energy Industries expands its footprint with new facility in Penang, Malaysia to serve semiconductor and industrial customers.
FCA revs up support for the Motor City Fiat Chrysler Automobiles has released details on its planned expanded presence in Detroit, including the first new assembly plant within the city limits in almost three decades.
Apple issues revised ‘revenue guidance’ for March Apple has stated they do not expect to meet the previously announced revenue guidance for March quarter due to two factors associated with the COVID-19 global outbreak.
Lucid inks battery partnership with LG Chem Silicon Valley-based EV maker Lucid has finalized a partnership with LG Chem that will supply battery cells for standard versions of the Lucid Air through 2023.
Sono Motors to cooperate with Valoe on solar solutions Finnish technology company, Valoe Oyj, has signed a cooperation agreement with the Munich based Sono Motors GmbH to become a Technology Partner for the integrated solar components of the Sion, a Self-Charging electric car with solar integration.
Incap's 2019 revenues climbed 20% The Finnish EMS provider is entering its fiscal year 2020 on the back of a solid performance during 2019.
IPC survey: COVID-19 major cause of concern In a recent survey of electronics manufacturers and suppliers conducted between February 11-16, results released by IPC yesterday showed overwhelmingly that most “are concerned about the impacts COVID-19 will have on their business operations.”
Upgrades boost output for U.S. appliance maker GE Appliances has completed work on a USD 125 million factory upgrade to its refrigeration plant in Decatur, Alabama, which has included the installation of smart factory 4.0 technology.
TTM Technologies Inc. expands in Wisconsin TTM Technologies Inc. celebrated the grand opening of a new North American advanced technology center in Chippewa Falls.
Panasonic to exit US solar manufacturing Panasonic says it will begin to wind down U.S. production of photovoltaic cells and modules at Gigafactory New York in Buffalo, New York.
Techsil acquires adhesive supplier Glueline Adhesive and sealant supplier Techsil has announced that it has acquired Essex based adhesive stockist and distributor Glueline Ltd.
Neways 2019 turnover up while result is down While the company’s net turnover made positive developments during the business year 2019, Neways’ bottom line shows a sharp drop.
Jabil cuts outlook in wake of virus outbreak EMS provider Jabil expects that the COVID-19 outbreak will have a negative impact on the second quarter of fiscal year 2020, relative to the company's previously set guidance.
Umicore starts construction in Poland The company has held a groundbreaking ceremony for the construction of its new cathode materials production plant in Radzikowice in Nysa in south-western Poland.
Swedish EMS provider expands with Finnish acquisition Swedish EMS provider Inission has signed an agreement to acquire 100% ownership of the Finnish manufacturer HY-Tech Comp Oy (HY-Tech).
Silfab Solar expanding, adding jobs in Washington The Washington State Department of Commerce and Port of Bellingham have announced that Silfab Solar will be expanding its operations in Bellingham.Load more news