Advertisement

News Wire

Plexus Will Build Facility in Romania

NEENAH, Wis. — Plexus Corp. (Nasdaq:PLXS) today announced plans to construct a new manufacturing facility in Oradea, Romania. The facility, which will be located in the Eurobusiness Industrial Park, will replace Plexus' existing leased facility in Oradea. The new facility will have 280,000 square feet of manufacturing and office space, with adjacent land available for future expansion. The investment is approximately $40 million, and the project is scheduled to be completed in the spring of 2013. It is anticipated that staffing levels would grow from the current level of 245 to 500 when the facility is fully operational.

Steve Frisch, Regional President Plexus – EMEA commented, “Since we commenced operations in 2009 with a leased facility in Oradea, we have built a strong team of people who have consistently delivered great service to our customers. As a result, we continue to grow a significant customer base in this important region which is driving the requirement for additional manufacturing capacity. Our investment in this new facility will allow us to provide an enhanced value proposition to our customers in the mid-to-low volume, higher complexity market space. This facility can provide our customers a lower total cost European solution, particularly for customers with European end markets.”

Mr. Frisch continued, “This new manufacturing facility demonstrates our commitment to a long-term growth strategy in the EMEA region. Our new Oradea facility, coupled with our existing manufacturing capabilities in Kelso, Scotland and Engineering Solutions in Livingston, Scotland and Darmstadt, Germany, provides a flexible regional offering for delivering complete Product Realization Solutions to customers in the EMEA region.”

Plexus celebrated the announcement today by hosting a local event with Plexus' Regional President, Steve Frisch, and representatives from the Mayor's office in Oradea and Plexus' design and build partner, GSE Group.

{complink 4345|Plexus Corp.}

0 comments on “Plexus Will Build Facility in Romania

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.