• E-mail
• Print
• Comment
• Font Size
• Digg
• del.icio.us
• Discuss article

Plexus' Chicago Facility Receives Award

Posted on: Monday, 29 June 2009, 15:00 CDT

Chicago facility recognized as one of Chicago's 101 Best and Brightest Companies to Work For in 2009.

CHICAGO, June 29 /PRNewswire-FirstCall/ -- Plexus Corp. (Nasdaq: PLXS), a global contract manufacturer of electronic products, announces that their Chicago manufacturing facility has been named one of "Chicago's 101 Best and Brightest Companies to Work For" by the National Association of Business Resources (NABR) for the second year in a row.

This award is given to the top companies in Chicago that recognize their employees as their greatest asset. An independent research firm technically evaluated award applicants based on communication, community initiatives, compensation and benefits, diversity and multi-culturalism, employee education and development, employee engagement and commitment, recognition and retention, recruitment and selection, and work-life balance.

This year each winner will be recognized at a symposium and awards luncheon on August 10, 2009.

"This is a great honor and a wonderful recognition for all the initiatives and programs we have put in place to make Plexus Chicago a great place to work. At Plexus, we know that our people and the culture they have built is our biggest asset. I am extremely proud that our team was recognized with this award," stated Jeff Grant, Site General Manager - Plexus Chicago.

About Plexus Corp. - The Product Realization Company

Plexus (www.plexus.com) is an award-winning participant in the Electronics Manufacturing Services (EMS) industry, providing product design, supply chain and materials management, manufacturing, test, fulfillment and aftermarket solutions to branded product companies in the Wireline/Networking, Wireless Infrastructure, Medical, Industrial/Commercial and Defense/Security/Aerospace market sectors.

The Company's unique Focused Factory manufacturing model and global supply chain solutions are strategically enhanced by value-added product design and engineering services. Plexus specializes in mid- to low-volume, higher mix customer programs that require flexibility, scalability, technology and quality.

Plexus provides award-winning customer service to more than 100 branded product companies in North America, Europe and Asia.

Safe Harbor and Fair Disclosure Statement

The statements contained in this release that are not historical facts (such as statements in the future tense and statements including "believe," "expect," "intend," "plan," "anticipate," "goal," "target" and similar terms and concepts), are forward-looking statements that involve risks and uncertainties. These risks include those relating to many new program wins such as: the lack of track record for the product; customer forecasts not resulting in the expected revenues and profitability; the degree of consumer acceptance of the new product; the effect of the economy on product introduction; and our ability to manufacture items that we have not previously produced. In addition, other risks and uncertainties affecting our business and our ability to grow and prosper in the future include, but are not limited to: the economic performance of the electronics, technology and defense industries; the risk of customer delays, changes or cancellations in both ongoing and new programs; the poor visibility of future orders, particularly in view of current economic conditions; the effects of the volume of revenue from certain sectors or programs on our margins in particular periods; our ability to secure new customers and maintain our current customer base and deliver product on a timely basis; the risks relative to new customers, which risks include customer delays, start-up costs, our potential inability to execute and lack of a track record of order volume and timing; the risks of concentration of work for certain customers; the weakness of the global economy and the continuing instability of the global financial markets and banking system, including the potential inability on our part or that of our customers or suppliers to access cash investments and credit facilities; material cost fluctuations and the adequate availability of components and related parts for production; the effect of changes in average selling prices; the effect of start-up costs of new programs and facilities, including our recent and planned expansions, such as our new facility in Oradea, Romania; the adequacy of restructuring and similar charges as compared to actual expenses, including the recently completed closure of our Ayer, Massachusetts facility and workforce reductions at our Juarez, Mexico facility and other North American facilities; the degree of success and the costs of efforts to improve the financial performance of our Mexican operations; possible unexpected costs and operating disruption in transitioning programs; the potential effect of world events (such as changes in oil prices, terrorism, epidemics, drug cartel-related violence in Juarez, Mexico and war in the Middle East); the impact of increased competition; and other risks detailed in the Company's Securities and Exchange Commission filings (particularly in Part II, Item 1A of our quarterly report on Form 10-Q for the quarter ended April 4, 2009).

SOURCE Plexus Corp.

Source: PR Newswire

More News in this Category