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Schweizer Electronic AG : Customers of Schweizer Electronic AG not impacted by shutdown of a Meiko plant

10/27/2011| 01:10pm US/Eastern
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Schramberg, October 27, 2011 - Schweizer Electronic AG, third biggest PCB manufacturer in Europe, today informs their customers about their unrestricted ability to supply. The reason for this information is the temporary shutdown of one of two plants in Wuhan/China of Schweizer's cooperation partner Meiko Electronics. This shutdown has no impact on customers of Schweizer Electronic AG who are being served from China, as products for the European market are being supplied by other plants of this manufacturer.

The local government of Wuhan has recently instructed Meiko to interrupt production in one of their two plants in Wuhan. Contrary to other recent news, the reason for the shut-down is that an approval process for environment related issues was found incomplete and not that the company transgressed environmental specifications. The management of Meiko Electronics has informed their customers that they are putting all their efforts in negotiating with the government to shorten the period of operation shutdown. In the meantime, Meiko has submitted corrective actions in order to speed up the approval process.

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