Analysis
The Paragon Electronics Group Reports Strong Growth for 2011
The Paragon Electronics Group has reported growth of 18% for 2011, with particularly dramatic growth of 30% for its EMS business, JJS Electronics. The company attributes this growth to the breadth of its supply chain management and electronics manufacturing services, coupled with the depth of its capabilities across electronics, electrical and mechanical disciplines and synergies between business units within the group. In addition, a diverse customer base operating in many market segments is also cited as a key factor.
JJS Tangible enhancements in capability, capacity and quality have already resulted in new opportunities in new market areas being added to the company’s new business pipeline. “We’re focusing on developing strong partnerships with customers in key sectors such as industrial, instrumentation, transportation, printing and packaging, renewable energy, high-end communications, medical, aerospace and defence,” says Mayes. “We see these markets returning to growth and believe we are exceptionally well placed to deliver the quality, consistency and agility that customers in these sectors require. We fully expect to continue to grow at these levels during 2012,” he adds.