Press Releases

Plexus Announces Engineering Expansion In Germany

 

NEENAH, Wis., Nov. 30, 2010 (GLOBE NEWSWIRE) -- Plexus Corp. (Nasdaq:PLXS), announced that it has entered into an agreement to lease an approximately 15,000 sq ft space in the Europa Arkaden building in Darmstadt, Germany. The space will house a design center including engineering offices and product development facilities consistent with other Plexus design centers around the globe that provide Engineering Solutions to electronics OEMs (Original Equipment Manufacturers). The Darmstadt Design Center is expected to be operational in March 2011.

Steve Frisch, Regional President – EMEA (Europe, Middle East, Africa), who will be located in Darmstadt, commented, "We are committed to expanding our presence in the EMEA region to enable us to meet our longer-term growth goals. The opening of our design center in Darmstadt is in alignment with our EMEA growth strategy, and it represents another significant milestone for Plexus as we continue to expand our global Engineering Solutions capabilities. Coupled with our existing Engineering Solutions in Livingston, Scotland and our Manufacturing Solutions in Scotland and Romania, the Darmstadt Design Center is a vital location that will strengthen our fully integrated Product Realization Value Stream Solutions in the EMEA region. We believe that this expansion of our footprint and service offering will further enhance our position to be the leader in the mid-to-low volume, higher complexity market space."

Plexus currently offers customers world-class Engineering Solutions from five global design centers. This sixth engineering team in Darmstadt will join over 350 engineers globally and will offer a full suite of design solutions for customers across Plexus' key market sectors.

About Plexus Corp. – The Product Realization Company

Plexus ( www.plexus.com ) delivers optimized Product Realization solutions through a unique Product Realization Value Stream service model. This customer focused services model seamlessly integrates innovative product conceptualization, design, commercialization, manufacturing, fulfillment, and sustaining services to deliver comprehensive end-to-end solutions for customers in the North American, European and Asia-Pacific regions. 

Plexus is the industry leader in servicing mid-to-low volume, higher complexity customer programs characterized by unique flexibility, technology, quality and regulatory requirements. Award-winning customer service is provided to over 100 branded product companies in the Wireline/Networking, Wireless Infrastructure, Medical, Industrial/Commercial and Defense/Security/Aerospace market sectors.

TheStreet Premium Services

Jim Cramer
Jim Cramer's Action Alerts PLUS:
Trade right alongside a Wall Street pro — enjoy access to his Charitable Trust portfolio and be sent trade alerts BEFORE he makes a move. Learn More
OptionsProfits
OptionsProfits:
Get 50+ trade ideas a week from the industry's top options experts. Plus — exclusive commentary on market trends and essential trading tools. Learn More
Real Money
Real Money:
Our team of professional Wall Street Pros — including Jim Cramer, Doug Kass, and Nicholas Vardy — delivers intelligent analysis, timely trade ideas, and colorful commentary. Learn More
Stocks Under $10
Stocks Under $10:
Break into the market with small- and mid-cap stocks... all $10 or less! David Peltier tells you exactly which low-priced stocks he's buying and selling. Learn More
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
blog comments powered by Disqus
Dow Jones S&P 500 NASDAQ 10-Year Note
12,454.83 1,317.82 2,837.53 17.45
Oil *
107.26
DOWN
74.92
DOWN
2.86
DOWN
1.85
DOWN
0.14
10 Yr
1.74%
SPDR Gold
152.68
-0.60%
-0.22%
-0.07%
-0.80%
Data delayed 20 minutes

Top Stories and Tools

Articles From

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

We respect your privacy.
Podcasts

Connect with TheStreet