Mar 12 2010
Electro Scientific Industries, Inc. (NASDAQ: ESIO), a leading provider of world-class photonic and laser systems for micro-engineering applications, today announced it has expanded its Singaporean operations and has opened a new Asia manufacturing and service plant in the Kaki Bukit industrial hub of Singapore.
ESI will initially use the facility for manufacturing and service of its micromachining and passive components product lines. The plant will also provide the company with the capability to manufacture and service the company’s other new and existing product lines.
“We are pleased that ESI has chosen Singapore to establish its new Asia manufacturing and service plant. This new facility further strengthens Singapore’s position as the preferred location for complex equipment manufacturing and to manage Global-Asian operations,” said Ms. Anna Chan, assistant managing director, Singapore Economic Development Board.
“With close to 80 percent of our customer base in Asia, we have a responsibility to deliver fast service and top-quality products to the region,” said Nick Konidaris, president and CEO of ESI. “With our own, dedicated manufacturing and service facility now open in Singapore, we will be able to better serve our customers in the Asia Pacific region and accelerate our growth. This move underscores ESI’s ongoing initiative to increase our Asian presence and support infrastructure.”
Source: http://www.esi.com