12/05/2017 | Press release | Archived content
NEENAH, WI - December 5, 2017 - Plexus (NASDAQ: PLXS) a global leader in providing design and development, manufacturing, supply chain and aftermarket services, is increasing investment in Europe with further expansion of its Oradea Design Center, located in Romania. This expansion enables Plexus to accommodate the continued growth in demand for its design and engineering services from customers in Europe.
Demand for Plexus' design and engineering services, specifically test engineering solutions, has continued to increase within Romania since the design center was first opened in 2013. With the current expansion, Plexus' total investment in Oradea is now over $50 million. In the last fiscal year Plexus' EMEA revenue grew approximately 13% and Oradea manufacturing revenue grew over 30%. The expansion of Oradea's state-of-the-art design center, with direct links to on-site manufacturing, will meet the growing demand for services in the region.
The Oradea Design Center team ensures effective test strategies are in place for products under development by collaborating with teams at Plexus' seven other design centers globally and most frequently with design centers in Darmstadt, Germany and Livingston, Scotland. To provide further benefits to Plexus' EMEA customers, the Oradea Design Center's test engineering group also works directly with on-site manufacturing teams. This collaboration brings both design and manufacturing closer together to accelerate time to market and improve product quality.
Oliver Mihm, Regional President - EMEA, said "The expansion of the Oradea Design Center increases Plexus' industry leading design and engineering capabilities for all customers, and especially for those with new product introduction requirements within the region. It ensures they are provided with exceptional test strategies that will optimize their time-to-market. We created a dedicated space with direct access to the manufacturing floor and additional laboratory space to allow the expanding team to be efficient."
Customers utilizing the services provided by the Oradea Design Center include market leaders in the Healthcare and Life Sciences, Industrial and Commercial, Aerospace and Defense and Communications sectors.