Fab News

TENGZHOU, CHINA - Wanda Electronics has announced that it is planning to invest $80 million in a new PCB plant in Tengzhou.

The first stage of the project, which will reportedly cost $30 million, started construction in January and is planned for completion in December of this year.

The second stage of the project is planned for 2010.
The plant will reportedly focus on manufacturing rigid PCBs and flex circuits, and may merge with Huayang Electronics for possible listing on the Hong Kong or A Share stock exchanges in mainland China. Read more: Wanda to Build New Plant in Tengzhou
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ANAHEIM, CA - Multi-Fineline Electronix (MFLEX) has named Thomas Ligouri its new CFO and executive VP. Ligouri most recently served as CFO of Hypercom Inc.

Ligouri replaces Craig Riedel, who was named VP and corporate controller.

JIANGMEN, CHINA - Jiatai Electronics recently finished the construction of the first stage of its new plant in Jiangmen and plans to begin trial production soon.

The project will cost $45 million, and $22.5 million has been invested in the first stage. The plant will mainly focus on R&D, manufacturing and sales of flexible PCBs, rigid-flex PCBs and high-end multi-layer PCB products, and will encompass 1.5 million square feet annual capacity.


Read more: Chi Mei Opto to Increase Mainland China Investment

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