News & Events
2011 News
Elmet Technologies to acquire JEVCO International:
LEWISTON, Maine, November, 16, 2011 – Elmet Technologies, Inc. today announced it has acquired JEVCO International, Inc., a premier contract manufacturer of ultra high precision machined components with operations in Gig Harbor, Washington and Chengdu, China.
This acquisition brings together two leading companies with complementary strategic visions and technology, and a shared commitment to delivering high quality products and services to their customers. Together, Elmet and JEVCO provide a broad portfolio of product and services serving high-tech industries including aerospace, semiconductor, medical and other precision sensitive industries.
Further, Elmet and JEVCO are able to provide additional value to current and new aerospace customers by realizing synergies with ETI Precision. ETI Precision was started by Elmet in 2010 to provide precision machining of specialty metals to all industries. ETI’s broad machining expertise coupled with JEVCO’s knowledge of the aerospace industry and AS9100 certification will open new opportunities in aerospace for the three companies.
“This acquisition represents the next step in our globalization strategy,” noted Robin Cook, President and CEO of Elmet Technologies. “JEVCO is recognized globally for excellence in its spindle products and contract manufacturing services. The company maintains strong relationships with its customers and supply networks by leading the industry in quality and service.”
“We are excited about the new growth opportunities that this acquisition presents to JEVCO,” says Rick Douglas, General Manager of JEVCO. “We have built a successful company that has established itself as a global leader. Now together with Elmet, we will work with their team to continue the growth and leverage Elmet’s expertise and market opportunities.”
As General Manager of JEVCO’s Chengdu facility, Robert Bell noted, “The competitive gains are substantial for Elmet as we begin to integrate selected Elmet products and operations into our Chengdu facility. In addition, the advantage of ramping at an existing facility that is already producing for both the US and Asian markets enables Elmet to hit the ground running.”
Following the acquisition, JEVCO will continue operate independently to preserve its successful brand. The two companies will begin immediately to leverage each other’s expertise and operations to address new opportunities and to better serve their existing customers.
About JEVCO International, Inc.
Established in 1991, JEVCO International is a premier contract manufacturer of ultra high precision machined components for the defense/aerospace, industrial, water jet and the printed circuit board industries. The company consists of two divisions – spindle manufacturing and contracted manufacturing services. The company maintains a total of 52,000 ft2 across the Gig Harbor, WA and Chengdu, China facilities.
About ETI Precision, Inc.
ETI Precision is a leading innovator and manufacturer of precision machined components. By offering the most advanced materials and machining capabilities, ETI Precision can meet the demanding needs of customers across a range of industries including aerospace, defense, medical, semiconductorand more. The 58,000 sq. ft. manufacturing facility is located in Gordonsville, TN, 50 miles east of Nashville.
For more information please visit www.jevco.com, and www.etiprecision.com.
2010 News
Elmet announces the opening of ETI Precision:
LEWISTON, Maine, Dec. 6, 2010 - Elmet Technologies Inc. is announcing the opening of ETI Precision Corporation. ETI Precision is initially focused on the precision machining of planar sputtering targets used in the fabrication of semiconductors and consumer electronics. Additionally, ETI Precision will offer customers products made of advanced materials outside of Elmet's core offerings of Molybdenum and Tungsten. By offering a broader range of advanced materials, ETI is able to capture opportunities in new and existing markets.
ETI Precision Corp. is located in a 58,000 square-foot manufacturing facility in Gordonsville, Tenn. This new venture represents a significant investment in new materials, products, and processes for Elmet Technologies Inc., which will enhance the company's competitiveness.
In business since 1929, Elmet Technologies is a global supplier of high performance materials with a specialization in Molybdenum and Tungsten. Elmet's product lines include wire, rod, sheet, and plate as well as machined, fabricated, and pressed and sintered parts that are used in a variety of industries including medical, alternative energy, semiconductor, and electronics. Elmet Technologies incorporates personalized sales and service into the manufacture of high quality products to maintain their position as a market leader.
2009 News
Elmet Technologies Wins Customer Award:
June 24, 2009, Elmet CEO, Robin Cook proudly announced today that Areva a world energy expert in nuclear power generation and electricity transmission and distribution has awarded Elmet Technologies their “Certified Supplier Seal of Approval Award”. This award is given by Areva to highlight the quality relationships it has with its key suppliers and is based on twenty–five different criteria. These important criteria include such things as: The quality of products and services, dedication to project management, safety, security and the protection of the environment, development potential in R & D, innovation and certification as well as commercial approach and capacity to tackle new markets. Elmet Technologies supplies Areva with key components use in nuclear processing.
Elmet Technologies Names Sandeep Jain as Senior Vice President of Sales and Marketing:
April 13, 2009 Elmet Technologies is pleased to announce that Sandeep Jain has joined Elmet Technologies Inc. as Senior Vice President of Sales & Marketing. In his role, Sandeep will manage all aspects of Elmet’s Sales, Customer Service and Marketing efforts. Sandeep Jain brings over 25 years of technical and industry knowledge in the specialty metals industry to Elmet Technologies. “We are delighted to have him on the team and integrally involved in leading Elmet Technologies future strategic growth initiatives”, noted Robin Cook, CEO of Elmet Technologies Inc.
Prior to joining Elmet, Sandeep served as Vice President of Global Sales for H.C. Starck, Inc. where he served in a number of different sales, customer service and business development roles during his career. Sandeep received his Bachelor of Science in Chemical Engineering from the New Jersey Institute of Technology and his MBA from Cleveland State University.
Elmet Technologies Accepting Major Credit Cards:
Elmet Technologies is pleased to announce acceptance of Visa, MasterCard, and Discover major credit cards for its molybdenum and tungsten mill products starting on March 1, 2009
Elmet Technologies Named Maine Exporter of the Year:
The Maine International Trade Center has named Elmet Technologies Maine’s 2009 Exporter of the Year. The award will be presented by Maine’s Governor Baldacci as part of the Trade Center’s annual Maine Trade Day event on May 28, 2009 at the University of Maine at Orono.
2009 Events
SPIE Photonics West: January 24-29 San Jose, CA USA
Society of Vacuum Coaters-TechCon 09: May 9-14 Santa Clara, CA USA
Intersolar 2009: May 27-29 Munich, Germany
Maine Trade Day: May 28, University of Maine at Orono-Orono, ME USA
AVS 56th International Symposium & Exhibition: November 8-13 San Jose, CA USA
Semicon West 2009: July 14-16 San Francisco, CA USA
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