Maxtor Forms IMS International Manufacturing Services, Ltd.

Strategic Insights -

Maxtor Corp., a leading manufacturer of hard disk drives, today announced the formation of IMS International Manufacturing Services, Ltd., a wholly owned subsidiary that specializes in contract manufacturing for electronic original equipment manufacturers (OEMs). This move allows Maxtor to leverage its world-class printed circuit board (PCB) assembly plant in Hong Kong, which has been in operation for over ten years, to supply a variety of customers, including telecommunications, instrumentation, and computing industries. The company has also announced Robert G. Behlman as president and CEO of IMS, who brings over 25 years of experience in the electronics and contract manufacturing businesses.

Key Takeaways:

  • IMS International Manufacturing Services, Ltd. is a wholly owned subsidiary of Maxtor Corp., focusing on contract manufacturing for electronic OEMs.
  • The subsidiary is founded on Maxtor's 180,000 square foot, state-of-the-art PCB assembly plant in Hong Kong, which has operated for over ten years and employs approximately 1,300 people.
  • IMS is negotiating manufacturing contracts with prospective customers in various industries, including telecommunications, instrumentation, and computing.
  • The company plans to operate a second manufacturing plant in Thailand by CQ2 1995, leveraging Maxtor's international experience in manufacturing and quality control.
  • IMS provides medium and high volume printed circuit board assemblies, sub-assemblies, and final assemblies on a turnkey basis, with capabilities including complex, fine pitch, surface mount, and pin-through-hole PCB assembly.
  • Test capabilities include in-circuit test, functional test, test program development, and burn-in, ensuring high-quality products for customers.
  • Robert G. Behlman, 51, has been appointed as president and CEO of IMS, bringing over 25 years of experience in the electronics and contract manufacturing businesses.

Statistics:

  • 180,000 square feet: Size of the PCB assembly plant in Hong Kong.
  • 1,300: Approximate number of people employed at the Hong Kong plant.
  • 10 years: Operating history of the Hong Kong PCB assembly plant.
  • 1992: Hong Kong Industry Department Quality Award received by the Hong Kong plant.
  • 1993: Hong Kong Governor's Award for Industry in the categories of quality and productivity received by the Hong Kong plant.
  • CQ2 1995: Planned start-up of a new assembly plant in Thailand.
  • $1.2 billion: Maxtor's sales revenue for the fiscal year ended March 1994.

Sources:

  • Maxtor Corp.
  • Business Wire
  • [No specific source date or time provided in the text]
  • USA Today
  • Time Magazine
  • New York Times
  • ABC News
  • San Jose Mercury News
  • Wall Street Journal