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Home / PENN UNITED REALIGNS MANUFACTURING OPERATIONS IN COSTA RICA

PENN UNITED REALIGNS MANUFACTURING OPERATIONS IN COSTA RICA

Future efforts in this region will now be focused on product assembly and related production activities as opposed to the manufacture of high-precision tooling.

Posted: July 6, 2010

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Penn United Technologies, Inc. is realigning its operations in Costa Rica such that future efforts will be focused on production activities (such as product assembly) as opposed to its previous direction, which focused mainly on high-precision tooling. Having recently completed the sale of its San Jose tooling operations, this strategic change is the result of satisfying the primary needs of the company's current and targeted customer base.

The main location in Cabot, PA, will continue to provide support for the design and manufacture of high-precision tooling and stamping dies, precision stamping, prototyping, precision machining, custom automated equipment, and reel-to-reel electroplating.

President and CEO Bill Jones stated, "We must stay flexible in assessing the dynamic needs of the markets we serve. Our greatest current need is to provide our customers, such as those in the medical market, with a low cost option for assembly operations. We will continue to provide competitively priced tooling and stamping solutions from our Cabot location, while at the same time offering assembly from either Cabot or Costa Rica."

Jones went on to note "We will be exploring various options for a new location within Costa Rica, and will be making investments, which will appropriately meet the needs of our customer base. Our Costa Rican Operations Manager, Randall Gonzalez, will remain in the San Jose area and help support us through this transition period."

Penn United is a high-precision manufacturing solutions provider for the medical, defense, energy, electronics and automotive industries, as well as others requiring high-precision manufacturing expertise.

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www.pennunited.com

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