TT electronics launched new manufacturing facility in Romania
Global provider of low volume, high mix electronics manufacturing services for the aerospace, defence, industrial, medical and rail markets, TT electronics integrated manufacturing services (TT electronics-IMS) is expanding its business operations in Europe.
The company officially announced the opening of a new production facility in Timisoara, Romania. The project is a result of the company’s corporate strategy aimed at satisfying customer demands for a low-cost manufacturing centre on the Old Continent.
The new 50,000 square foot facility is located in one of the rapidly developing cities in Romania where there are many other high-technology companies and a large University enabling recruitment of top talent and development of a highly skilled operations team and technical resources. The new site, which demonstrates the company’s commitment to a long-term growth strategy in the EMEA region, plans a production ramp-up in April 2014.
"Our new Timisoara facility coupled with our existing manufacturing capabilities in the UK, USA and China not only expands our global footprint, but provides an enhanced value offering to customers needing a lower total cost European solution," John Molloy, Divisional Chief Executive for TT electronics-IMS, stated in a company press release.
LATEST issue 3/2019