Elcan grows with new European facilities and electronics capabilities

15 January 2003 -- Elcan Optical Technologies, the precision optics division of Raytheon, has expanded its operations with the integration of the Raytheon Microelectronics facility in Malaga, Spain.

Jan 15th, 2003

15 January 2003 -- Elcan Optical Technologies, the precision optics division of Raytheon, has expanded its operations with the integration of the Raytheon Microelectronics facility in Malaga, Spain.

Elcan Malaga is a modern 61,000 square foot electronics and assembly plant in the Parque Tecnológico de Andalucía in Malaga, Spain. The automated operation is an advanced electronics manufacturing operation that will provide Elcan with assembly and product integration in addition to contract electronic manufacturing services. The Spanish plant joined the Elcan group on 1 January 2003.

The company says that the addition of the Malaga electronics operations will give it greater access to European markets. Joseph De Remigis, President and CEO headed up the strategy of merging Elcan's traditional optical capabilities with the new electronics facility.

"Increasingly our customers are looking for turnkey solutions that bring optics, metal fabrication and electronics together in a integrated and cost effective manner. We can meet those needs better than ever by providing a streamlined, globally competitive supply chain."

In addition to its role as a contract manufacturer of electro-optical and electronics products, Elcan also meets specialised customer needs for developing advanced optical sensing, imaging and digital display systems. ELCAN provides world-class research and development engineering for joint R&D projects to identify cost effective solutions, manufacturing efficiencies and superior design approaches to applied optics.

Ignacio Galnares, Managing Director of the Malaga facility said of the deal, "Both partners share a strong commercial approach that focuses on meeting customers' needs. We have great people, outstanding manufacturing processes; and now have the support of Elcan's international sales team that will better serve our existing customers. It will add strength and stability for everyone to combine our organisations."

Established in 1952, Elcan Optical Technologies is a fully integrated firm specializing in the design and manufacture of complex, precision electro-optical systems and subsystems for the optical telecommunications, medical, industrial, defense, and entertainment markets.

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