For immediate release
Ergotron, Inc., Gains Acccess To Additional Manufacturing Capacity Through Joint Venture
Necessary to supply Ergotron’s growth in global demand and specific penetration into the Chinese region
ST. PAUL, MN, June 10, 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. M & E is already ISO 9001 certified for quality. 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.
Ergotron® products have been improving the human interface with digital displays since 1982. Ergotron’ 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’ 2004 revenues exceeded $68 million. They have 275 employees worldwide, and representation in 67 countries.
Maccabee Group PR