Ergotron, Inc., Gains Access to Additional Manufacturing Capacity through Joint Venture
Necessary to supply Ergotron’s growth in global demand and support penetration into the Chinese region
(PRWEB) June 14, 2005 -- A joint venture by Ergotron, Inc., of St. Paul,
Minnesota, and Min Aik Technology Co., Ltd. of Taiwan, R.O.C., was officially
launched today under the name of Dongguan Min Aik & Ergotron Technology Co.,
Ltd. The new company will be referred to as “M & E.”
Located in
Dongguan City, Guangdong, China, the manufacturing facility will be solely
dedicated to world class manufacturing and distribution of Ergotron CF™ products
and branded products for Ergotron’s OEM Customers. In addition to the Dongguan
M&E Facility, Ergotron has manufacturing and distribution facilities in
North America and Europe.
M & E will be the second production
facility in China owned in part by Min Aik. “We are extremely excited about this
joint venture as it is a logical extension of our successful three year
manufacturing partnership with Ergotron” said K. H. Hsieh, CEO of Min Aik.
“Joining our manufacturing excellence with Ergotron’s CF™ technology will allow
Ergotron to dominate the mounting solutions industry.”
“This joint
venture directly supports our continued commitment to world class manufacturing
and distribution. Ergotron’s superior CF™ technology combined with our
operational excellence provides our customers with competitive pricing and
superior quality products. Additionally, the expansion of our manufacturing and
distribution in China allows us to accelerate the introduction of our CF™
products into the targeted vertical markets and consumers in Asia.” quoted Joel
Hazzard, President and CEO of Ergotron.
About Ergotron:
Ergotron®
products have been improving the human interface with digital displays since
1982. Ergotron’s portfolio of digital display mounting solutions includes wall
and desk mount arms, desk stands, mobile carts, floor stands, pivots and
vertical lifts. With the introduction of CF™ lift and pivot motion technology,
Ergotron’s products require less user effort to achieve more motion. Each
Ergotron product is designed to enhance the viewing experience, reduce stress
and improve productivity in today’s computing and entertainment environments.
Based in Saint Paul, MN with five subsidiaries in Europe, and one in Canada,
Ergotron’s 2004 revenues exceeded $68 million. They have 275 employees
worldwide, and representation in 67 countries.
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Source : http://www.prweb.com/releases/2005/6/prweb251032.htm