SCHWEIZER invests 10 million Euro into its site in Schramberg
22.07.2011
Schweizer Electronic AG / Key word(s): Enterprise/
SCHWEIZER invests 10 million Euro into its site in Schramberg
DGAP-Media / 22.07.2011 / 13:37
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Schramberg, July 22, 2011 - Schweizer Electronic AG's investment volume in
its site in Schramberg amounts to about 10 million Euro in the years 2010
and 2011. In its fiscal year 2011 alone, the company will invest nearly 8
million Euro which will be used for expanding equipment that renders
production processes more efficiently and supports the introduction of
latest technologies.
In the past years SCHWEIZER has continuously advanced the development of
innovations in the product areas Power Electronics, Embedding and System
Cost Reduction. By doing so, the company has geared itself up for mastering
its customers' current and future requirements for technologically premium
PCBs.
Beyond the acquisition of a nickel-gold and a nickel-gold-palladium line,
which serves for innovative surface finishing, SCHWEIZER has set-up further
capacities for milling and depth milling. Only recently an Interposer
-Pick-and-Place-System has been put into operation in order to fully
automatise Embedding manufacturing. Additionally a new HDI Laser will be
running soon. Beyond, a new Masslam Press Centre is near completion.
'We want to be leading in innovative technologies in future, too, and by
investing, we are creating the necessary conditions. Our objective is to
realize systems via our PCBs that offer more comfort, increase efficiency,
use less fuel and cause less CO2 emissions', explains Dr. Marc Schweizer,
CEO of Schweizer Electronic AG. 'With good reason our customers expect more
than PCBs from us, thus in the meantime our offer encompasses complex
systems for applications, that are for example being utilised in the
growing area of E-Mobility. Any finally our investment into our site in
Schramberg serves to protect and create job in our region. In the past 18
months we were able to create more than 120 new job in Germany.'
About Schweizer:
Schweizer Electronic AG is a leading manufacturer of premium PCBs,
innovative solutions and services for automotive, solar and industry
electronics. Based on recognized technology and consultancy competencies,
SCHWEIZER's products and systems address central challenges in the areas of
Power Electronics, Embedding and System Cost Reduction and are
characterized by energy and environmentally friendly features. Together
with its partners Contag GmbH and Meiko Electronics Co. Ltd. the company
offers cost and production optimised solutions for small, medium and large
series and within this network employs more than 13.000 people in Germany,
Japan, China and Vietnam.
With about 750 employees SCHWEIZER achieved sales of 105.4 million Euro in
Fiscal Year 2010 (ending December). The company was founded in 1849, is
managed by family members and listed at the Stuttgart Stock Exchange
(ticker symbol 'SCE', 'WKN515623').
For further information please contact
Susanne Schorn
Media & Communications
Schweizer Electronic AG
Einsteinstraße 10
78713 Schramberg
Phone: +49 7422 / 512-213
Fax: +49 7422 / 512-397
E-mail: Communications@schweizerelectronic.ag
Please visit our website: www.morethanPCBs.com
End of Media Release
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22.07.2011 Dissemination of a Press Release, transmitted by DGAP - a
company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.
DGAP's Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de
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Language: English
Company: Schweizer Electronic AG
Einsteinstraße 10
78713 Schramberg
Germany
Phone: 07422-512-301
Fax: 07422-512-397
E-mail: ir@schweizerelectronic.ag
Internet: www.schweizerelectronic.ag
ISIN: DE0005156236
WKN: 515623
Listed: Regulierter Markt in Frankfurt (General Standard),
Stuttgart; Freiverkehr in Berlin
End of News DGAP-Media
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132906 22.07.2011
Schweizer Electronic AG / Key word(s): Enterprise/
SCHWEIZER invests 10 million Euro into its site in Schramberg
DGAP-Media / 22.07.2011 / 13:37
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Schramberg, July 22, 2011 - Schweizer Electronic AG's investment volume in
its site in Schramberg amounts to about 10 million Euro in the years 2010
and 2011. In its fiscal year 2011 alone, the company will invest nearly 8
million Euro which will be used for expanding equipment that renders
production processes more efficiently and supports the introduction of
latest technologies.
In the past years SCHWEIZER has continuously advanced the development of
innovations in the product areas Power Electronics, Embedding and System
Cost Reduction. By doing so, the company has geared itself up for mastering
its customers' current and future requirements for technologically premium
PCBs.
Beyond the acquisition of a nickel-gold and a nickel-gold-palladium line,
which serves for innovative surface finishing, SCHWEIZER has set-up further
capacities for milling and depth milling. Only recently an Interposer
-Pick-and-Place-System has been put into operation in order to fully
automatise Embedding manufacturing. Additionally a new HDI Laser will be
running soon. Beyond, a new Masslam Press Centre is near completion.
'We want to be leading in innovative technologies in future, too, and by
investing, we are creating the necessary conditions. Our objective is to
realize systems via our PCBs that offer more comfort, increase efficiency,
use less fuel and cause less CO2 emissions', explains Dr. Marc Schweizer,
CEO of Schweizer Electronic AG. 'With good reason our customers expect more
than PCBs from us, thus in the meantime our offer encompasses complex
systems for applications, that are for example being utilised in the
growing area of E-Mobility. Any finally our investment into our site in
Schramberg serves to protect and create job in our region. In the past 18
months we were able to create more than 120 new job in Germany.'
About Schweizer:
Schweizer Electronic AG is a leading manufacturer of premium PCBs,
innovative solutions and services for automotive, solar and industry
electronics. Based on recognized technology and consultancy competencies,
SCHWEIZER's products and systems address central challenges in the areas of
Power Electronics, Embedding and System Cost Reduction and are
characterized by energy and environmentally friendly features. Together
with its partners Contag GmbH and Meiko Electronics Co. Ltd. the company
offers cost and production optimised solutions for small, medium and large
series and within this network employs more than 13.000 people in Germany,
Japan, China and Vietnam.
With about 750 employees SCHWEIZER achieved sales of 105.4 million Euro in
Fiscal Year 2010 (ending December). The company was founded in 1849, is
managed by family members and listed at the Stuttgart Stock Exchange
(ticker symbol 'SCE', 'WKN515623').
For further information please contact
Susanne Schorn
Media & Communications
Schweizer Electronic AG
Einsteinstraße 10
78713 Schramberg
Phone: +49 7422 / 512-213
Fax: +49 7422 / 512-397
E-mail: Communications@schweizerelectronic.ag
Please visit our website: www.morethanPCBs.com
End of Media Release
=--------------------------------------------------------------------
22.07.2011 Dissemination of a Press Release, transmitted by DGAP - a
company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.
DGAP's Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de
=--------------------------------------------------------------------
Language: English
Company: Schweizer Electronic AG
Einsteinstraße 10
78713 Schramberg
Germany
Phone: 07422-512-301
Fax: 07422-512-397
E-mail: ir@schweizerelectronic.ag
Internet: www.schweizerelectronic.ag
ISIN: DE0005156236
WKN: 515623
Listed: Regulierter Markt in Frankfurt (General Standard),
Stuttgart; Freiverkehr in Berlin
End of News DGAP-Media
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132906 22.07.2011
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