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SANTA CLARA, CA, April 7, 2008 – ProWorks, Inc. today announced definitive plans for an expansion of its operations into the Sriperumbudur Hi-Tech Special Economic Zone in the Tamil Nadu province of India. The announcement coincides with the receipt of an official notification from the State Industries Promotion Corporation of Tamil Nadu (“SIPCOT”) of an allotment of 2 acres of land in the Sriperumbudur Special Economic Zone. This allotment from the government of Tamil Nadu is the first milestone in ProWorks’ plans to build and operate a 100,000 square foot plant to be operational in mid 2009. |
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ProWorks has been pursuing an expansion to India for about a year, and has been working on obtaining land allotment in the highly-sought Sriperumbudur region for the past five months. Sriperumbudur is quickly becoming one of the most desirable manufacturing hubs in India. Other large EMS companies such as Foxconn, Flextronics and Jabil, and large OEM’s such as Dell, Nokia and Motorola operate large factories in Sriperumbudur. Availability of key supply chain partners, proximity to Chennai and India’s second largest and most modern sea port facilities, and strong existing and growing infrastructure make Sriperumbudur the ideal location for ProWorks’ expansion. |
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Commenting on this key milestone for the company, Bill Moradkhan, ProWorks’ President and CEO, said, “Obtaining land allotment in the Sriperumbudur Special Economic Zone and the eventual facilities there strengthen the position of ProWorks to better serve the global economy. The expansion is expected to not only create additional growth potential for our current customers, but also increase our ability to attract new and larger customers.” Mr. Moradkhan went on to comment, “This strategic expansion to a low-cost labor center is an essential element to support the continued growth of our business by offering global competitive pricing, scalability, flexibility, and superior operational performance for our customers.” |
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ProWorks plans several more key announcements related to its expansion plans to India in the near future. |
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About Proworks |
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ProWorks is a privately held provider of advanced electronic manufacturing services. We operate two facilities in the heart of the Silicon Valley, with comprehensive service offerings that include product realization engineering, strategic supply chain management and optimization, build-to-order and configure-to-order direct fulfillment, PCBA and full system level manufacturing, test services, including 5DX, ICT, AOI, flying probe and functional test, and sustaining services, including product repair, RMA depot and BGA rework. Since inception, we have established a reputation for high quality PCBA and system level manufacturing of complex products. Our operations and processes are certified to the ISO9001:2000, ISO14001:2004, AS9100-B, S.20.20 and IPC Lead Free Manufacturing standards. ProWorks has internally developed a set of web based analysis and visibility tools that allow us unprecedented automation and control of both Supply Chain and Manufacturing processes. These proprietary systems are made available to our customers using our branded Web portal, Haven, providing anytime/anywhere access to pertinent information about the status of the supply chain and the jobs on the factory floor. The Company has acquired land and is in the process of building a 100,000 square foot facility in Sriperumbudur Hi-Tech Special Economic Zone, 40 kilometers west of Chennai, India. This factory will be operational in mid 2009. |
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