RENFREWSHIRE, UK - Teknek has reportedly concluded arrangements with SDI, and the company reports that the two parties have reached an amicable settlement.

In a press release, Teknek has reported that the company will spearhead a new campaign to significantly grow its US presence.

According to the release, Teknek will open three facilities within the next few weeks, with one based in the US. "To ensure a truly global service we are developing three fulfilment centers, one in the USA, one in Europe and the other in our Hong Kong facility." commented Teknek CEO Stephen Mitchell.

The company reports that it will launch a new Surface Mount Clean Machine designed to improve yields in EMS applications. "Our new Surface Mount machine has some unique design features, but its most important feature is its performance. Major customers report as much as an 80% reduction in Tomb stoning - that’s payback within months," reports Mitchell. According to the company, its operations have recently adopted the Lean Thinking philosophy, and the company's Surface Mount Clean Machine will reportedly be available on a 10 day lead time.