{"id":2311,"date":"2019-01-28T05:00:38","date_gmt":"2019-01-28T13:00:38","guid":{"rendered":"https:\/\/parpro.com\/?p=2311"},"modified":"2019-06-27T14:39:07","modified_gmt":"2019-06-27T21:39:07","slug":"parpro-expansion","status":"publish","type":"post","link":"https:\/\/parpro.com\/2019\/01\/28\/parpro-expansion\/","title":{"rendered":"PARPRO Expansion"},"content":{"rendered":"<p><strong>Major Investment Initiatives to Support PARPRO Growth<\/strong><\/p>\n<p><strong><img decoding=\"async\" class=\"size-full wp-image-1357 alignright\" src=\"https:\/\/parpro.com\/wp-content\/uploads\/2018\/11\/Newfacility_PMX_homepage.png\" alt=\"\" width=\"248\" height=\"128\" \/>SANTA ANA, CA, January 28th, 2019 &#8212; PARPRO (4916:TW)<\/strong>, a full service Embedded Design Solutions and Manufacturing Services company, is announcing a series of investment initiatives designed to provide the additional capacity and capability required for supporting current business growth both short and long term.<\/p>\n<p>The first major investment includes the move and expansion of its current <a href=\"https:\/\/parpro.com\/parpro-mexico\/\">Mexico<\/a> operations to a new, state-of-the art, manufacturing facility in Tijuana, Mexico.\u00a0 The move is in response to strong company growth throughout North America and worldwide, and will provide the space to enhance our capabilities and meet the growing demand of our existing and new customers. The new Mexico facility features 135,000 square feet of prime manufacturing space while still offering customers a convenient location and simplicity of operations. This new facility provides space for future expansion plans while accommodating the current new equipment requirements, plus hosting of 500 employees proposed by year end.<\/p>\n<p>\u201cPARPRO\u2019s expansion in Mexico is a huge milestone for PARPRO and is a critical next step in our growth strategy. The new facility is well positioned to provide an expanded offering of services and solutions, and I\u2019m most excited about what the expansion will mean in terms of our ability to service our growing customer base.\u201d\u00a0 said Thomas Sparrvik, PARPRO CEO.\u00a0\u201cIt\u2019s been a challenge to meet the needs of our growing business with our existing space, but this investment in our Mexico facility allows us to better plan for the future, facilitate growth and increase efficiencies in combination with building up our own logistic fleet.\u201d<\/p>\n<p>In addition, PARPRO has invested in a number of other initiatives and the utilization of innovative manufacturing solutions at other PARPRO locations.\u00a0 This includes the addition of a Flying Probe Test System at the Santa Ana, California location.\u00a0 The <a href=\"https:\/\/www.takaya-itochu.com\/products\/apt-1400f\/\">Takaya APT-1400F<\/a> represents the latest in Flying Probe test technology, with very few manufacturing facilities offering this capability and at this level.\u00a0 The Flying Probe enables PARPRO to increase its Quality and capability in both prototypes and production volumes while providing quicker turnaround times.\u00a0 The investment of additional advanced testing capabilities further demonstrates PARPRO\u2019s commitment to utilizing automated technology equipment sets to assure high quality products are delivered to our customers.<\/p>\n<p>\u201cThis equipment investment is one of many upgrades\/improvements recently acquired that shows our dedication to the markets and customers we serve.\u201d\u00a0 said Thomas Sparrvik, CEO PARPRO.\u00a0 \u201cBeyond that, the investment in the new capabilities, facilities, manufacturing innovations, and partnerships are key strategic steps to support our strong growth and to keep PARPRO highly competitive.\u201d<\/p>\n<p><strong>About PARPRO<br \/>\n<\/strong>PARPRO is a full service design &amp; manufacturing company with an emphasis on ODM solutions. We offer comprehensive engineering-rich hardware systems with low-to-high volume manufacturing and integration\/test capabilities, and pride ourselves on delivering simple to complex solutions making our manufacturing offerings competitive at virtually any volume and with any sourcing strategy. We serve customers in the aerospace\/defense, gaming, medical, telecommunications and industrial markets providing time savings and cost optimization by minimizing margin stacks throughout the value chain.<\/p>\n<p>PARPRO is a public company traded on the Taiwan stock exchange \u2013 PARPRO (4916:TW). For more information on investor relations reporting and regulatory information \u2013 please\u00a0<a href=\"mailto:juyemura@parpro.com\">click here<\/a>. For more information, press only: \u00a0Justine Uyemura (760) 621-0699.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Major Investment Initiatives to Support PARPRO Growth SANTA ANA, CA, January 28th, 2019 &#8212; PARPRO (4916:TW), a full service Embedded Design Solutions and Manufacturing Services company, is announcing a series of investment initiatives designed to&#8230; <br \/><a class=\"read-more link-arrow\" title=\"FULL STORY\" href=\"https:\/\/parpro.com\/2019\/01\/28\/parpro-expansion\/\">Read More<\/a><\/p>\n","protected":false},"author":3,"featured_media":1357,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_genesis_hide_title":false,"_genesis_hide_breadcrumbs":false,"_genesis_hide_singular_image":false,"_genesis_hide_footer_widgets":false,"_genesis_custom_body_class":"","_genesis_custom_post_class":"","_genesis_layout":"","footnotes":""},"categories":[11],"tags":[],"class_list":{"0":"post-2311","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-press","8":"entry"},"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v23.9 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>PARPRO Expansion | PARPRO<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/parpro.com\/2019\/01\/28\/parpro-expansion\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"PARPRO Expansion | PARPRO\" \/>\n<meta property=\"og:description\" content=\"Major Investment Initiatives to Support PARPRO Growth SANTA ANA, CA, January 28th, 2019 &#8212; PARPRO (4916:TW), a full service Embedded Design Solutions and Manufacturing Services company, is announcing a series of investment initiatives designed to... 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