Analysis
AWS Group investment in Slovakia leads to £1M+ automotive order
AWS Group has announced that investment in new production and test equipment at its low cost manufacturing facility at Namestrovo in Slovakia has resulted in orders worth over £1M from the automotive sector.
OverThe new project comes from one of AWS’ existing customers in the automotive sensors sector. Phase 1 requires the manufacture of assembled PCBs at a rate of 5000 month; Phase 2 will see the complete outsourcing of final assembly, test and direct shipment to Global Automotive OEMs to AWS Slovakia. Currently these latter operations are performed by the customer. Annual revenues for both phases are expected to be in excess of £1M – doubling AWS Slovakia’s current turnover. This is based on the current, depressed market predictions, so this is expected to grow by 2010.
Jan Firic AWS Group’s Slovakian Plant Manager commented: “The initial build trial and PPAP (Production Parts Approval Process) has now been verified by the customer and we have met all the required quality criteria. This is a significant success for AWS and our entire workforce here, and is testimony to the investment made.”