RoodMicrotec ramps up two major SCM projects for production, as client extends lifetime of healthcare project to 15 years
(Thomson Reuters ONE) -
Zwolle - 8th June 2017
RoodMicrotec, the Dutch supplier of semiconductors and advanced microchips, has
launched two of its six main Supply Chain Management projects, for the
automotive and healthcare industries respectively, into production. The
healthcare SCM project has also had its expected production life cycle greatly
extended by the client to 15 years from the initial five-year term. The
announcement will be made at the company's Annual General Meeting to be held
today at the Amsterdam stock exchange.
Reinhard Pusch, COO for RoodMicrotec said: "The entry of these important
projects into the manufacturing phase is a key milestone in the further
implementation of our core SCM strategy, not least because these projects will,
as from now, generate a solid share of our company turnover."
The automotive project, due to yield between ?1.2 million and ?1.6 million in
turnover per annum when ramped up to full production, has just completed the
industrialisation and qualification phases and was released for production in
early June. Full production is expected to be reached in early 2018 and expected
to run until 2025.
The healthcare project, which will generate between ?3.0 million and ?5.0
million in turnover per annum, has also been released for production this month.
While the ramp up is now expected to take longer than initially thought, the
production term has been extended from five to 15 years, generating full
turnover for ten years from 2022.
About RoodMicrotec
With more than 45 years' experience as an independent value-added service
provider in the area of micro and optoelectronics, RoodMicrotec offers Fabless
Companies, OEMs and other companies a one-stop shop proposition. With its
powerful solutions RoodMicrotec has built up a strong position in Europe.
Our services comply with the industrial and quality requirements of the high
reliability/space, automotive, telecommunications, medical, industrial and
electronics sectors.
Certified by RoodMicrotec concerns inter alia certification of products to the
stringent ISO/TS 16949 standard that applies to suppliers to the automotive
industry. The company also has an accredited laboratory for test activities and
qualification to the ISO/IEC 17025 standard.
Its value-added services include (eXtended) supply chain management and total
manufacturing solutions with partners, failure & technology analysis,
qualification & burn-in, test & product engineering, production test (including
device programming and end-of-line service), ESD/ESDFOS assessment & training
and quality & reliability consulting.
RoodMicrotec has branches in Germany (Dresden, Nördlingen, Stuttgart), United
Kingdom (Bath) and the Netherlands (Zwolle).
For more information visit http://www.roodmicrotec.com
This press release is published in English, Dutch and German. In case of
conflict between these versions the English version shall prevail.
This announcement is distributed by Nasdaq Corporate Solutions on behalf of Nasdaq Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: RoodMicrotec N.V. via GlobeNewswire
Unternehmensinformation / Kurzprofil:
Datum: 08.06.2017 - 08:06 Uhr
Sprache: Deutsch
News-ID 546914
Anzahl Zeichen: 3843
contact information:
Town:
Zwolle
Kategorie:
Business News
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