C-MAC MicroTechnology announces increased investment in Automotive market following a sustained period of high growth
29th May 2007 – C-MAC MicroTechnology, a world leader in high-reliability electronic systems, modules and components for the automotive, aerospace and defence electronics markets, held a presentation to all employees as part of a meeting announcing significant new investment at its Ronse, Belgium facility. This was lead by Mr. Indro Mukerjee, CEO of
C-MAC MicroTechnology, who made a presentation to the staff and guests outlining C-MAC’s ongoing commitment to maintaining the facility as the leading European supplier of high reliability electronics to the Automotive sector. Mr Mukerjee further commented, whilst C-MAC has enjoyed double digit growth in revenue in the last 12 months, he recognises the high expectations of the automotive market and the need for continued investment to maintain the growth. He was therefore announcing a multi-million Euro investment in the facility to increase capacity and improve quality levels even further.
Also invited were two senior executives from Hella KGaA Hueck & Co, one of C-MAC’s most valued customers, Mr Bruce Beach, Senior Vice President and Mr Horst Keppmann, Head of Supplier Quality. Both gentlemen made presentations to C-MAC’s employees congratulating them on the strong growth they have enjoyed and the commitment C-MAC has shown towards meeting the high quality demands of the automotive market.
In their presentations, Mr Beach and Mr Keppmann also outlined the demands of the Automotive market and the ‘Zero Defects’ approach to quality requirements from C-MAC as their supplier. They commented that they greatly valued C-MAC as a supplier and in particular their commitment to meeting the high expectations of the automotive sector.
The demand for high reliability electronics in the Automotive sector is continuing to increase due to the requirement to distribute electronic sensors and modules into harsh environments such as under the hood applications. Recent reports indicated that as much as 40% of the future value of a car will be in the electronic content.
Mr Mukerjee added “Most industry analysts agree that whilst this is a demanding market to serve, it will continue to grow in size in coming years. C-MAC’s long experience in designing and manufacturing electronics for supply into harsh environments, such as high temperature and high levels of vibration, means that we are ideally placed to take advantage of this continued growth. The investment we have announced to day is the clearest indication of our determination to do just that.”
For more details about the issues being discussed, or to confirm attendance at the event, please contact David Atkinson and Nikki Thompson at Hotwire on 020 7608 2500 or david.atkinson@hotwirepr.com / nikki.thompson@hotwirepr.com.
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