SCI Selected to Build Printers For HP in Hungary
23.04.1999, 10:33
HUNTSVILLE, Ala. (PROTEXT) - SCI Systems, Inc. (NYSE: SCI)("SCI") of Huntsville Ala. confirmed today that it has beenselected by Hewlett-Packard Company (NYSE: HWP) ("HP"), PaloAlto, Calif., to build inkjet printers on a finished productbasis in Hungary. SCI said that initial production will begin in June of 1999.The products will be manufactured at SCI's plant in Tatabanya,Hungary, which will be expanded to accommodate this, and other,recently acquired new business. SCI will perform finished productassembly and test. This follows the announcement last month confirming a similarproduction agreement with HP for printers being manufactured atan SCI facility in Guadalajara, Mexico. SCI's President & COO, A.E. Sapp, stated that, "we are pleased to be able to assist ourcustomer with this multinational approach to providing cost-effective manufacturing in this product area." He added that,"the selection of Central Europe as the locale for this programand the necessity to expand such a relatively new facilityconfirm the long-term viability and attractiveness of SCI'sHungarian location." Headquartered in Huntsville, Ala., SCI Systems, Inc. is adiversified electronics manufacturer whose products and systemsare supplied to a variety of aerospace, commercial and industrialcustomers. Its more than 23,500 employees operate thirty-fourfacilities in fifteen countries. ots Original Text Service: SCISystems, Inc. Internet: http://www.newsaktuell.de Contact: RonSibold of SCI Systems, Inc., 256-882-4131 Web site:http://www.sci.com
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