-
- News
- Books
Featured Books
- smt007 Magazine
Latest Issues
Current IssueBox Build
One trend is to add box build and final assembly to your product offering. In this issue, we explore the opportunities and risks of adding system assembly to your service portfolio.
IPC APEX EXPO 2024 Pre-show
This month’s issue devotes its pages to a comprehensive preview of the IPC APEX EXPO 2024 event. Whether your role is technical or business, if you're new-to-the-industry or seasoned veteran, you'll find value throughout this program.
Boost Your Sales
Every part of your business can be evaluated as a process, including your sales funnel. Optimizing your selling process requires a coordinated effort between marketing and sales. In this issue, industry experts in marketing and sales offer their best advice on how to boost your sales efforts.
- Articles
- Columns
Search Console
- Links
- Events
||| MENU - smt007 Magazine
Kimball Electronics, Inc. Provides Update on Current Impact of COVID-19
March 30, 2020 | Kimball Electronics Inc.Estimated reading time: 2 minutes
Kimball Electronics, Inc., provides the following update on the current impact of the COVID-19 pandemic outbreak on the Company.
Our primary focus is on the well-being and safety of our employees and doing our part to stop the spread of COVID-19. We have taken steps to safeguard the health of our employees in our facilities worldwide in accordance with recommended protocols established by government authorities and country-specific, federal, state, and local public health organizations, including mandatory work-from-home for those whose responsibilities make it possible. Our employees are also impacted by burdens imposed by COVID-19, such as travel restrictions, limitations on public gatherings, shelter in place orders, and mandatory closures of schools and child-care facilities which impact the ability of certain of our employees to report for work.
The Company has a diversified portfolio of markets, geographies, and customers we serve, some of which will be impacted more significantly than others. While we have experienced and are expecting sales declines in certain product categories, we are experiencing increasing demand in other product categories, specifically for our medical assemblies, such as those related to respiratory care.
“I cannot express enough my great gratitude for the direct link our employees continue to play when it comes to making the important products we provide to our customers,” says Chairman and CEO, Don Charron. “We have customers whose products are essential to the health and safety of people around the globe—in their personal lives and at work. Supporting customers with their specific needs is a good reminder of how important we are to the value stream—and to people's health—especially during this pandemic. I am proud of what we are doing as a company right now.”
COVID-19 has disrupted the Company’s global operations since its initial outbreak. While our facilities in China were initially adversely impacted, they have now resumed normal operations. The Company’s other non-U.S. operations in Poland, Romania, Thailand, Vietnam, Japan, India, and Mexico are all affected to varying degrees by government measures restricting the movement of citizens and operation of businesses. In the U.S., our manufacturing operations located in Jasper, Indiana, Indianapolis, Indiana, and Tampa, Florida, will maintain normal operations, based on recent federal, state, and local government mandates. This is because they fall under the general exception criteria as “Essential Businesses” due to our production and supply of medical assemblies critical to a variety of respiratory care products and drug delivery devices. We are working closely with our customers and suppliers to support worldwide critical public health needs.
The Company cannot predict the duration or scope of the COVID-19 pandemic, therefore, the negative financial impact on results cannot be reasonably estimated but could be material. The Company will provide an update during our fiscal year third quarter 2020 earnings release conference call and webcast.
Suggested Items
KYZEN Announces Exclusive Partnership with Manufacturers’ Representative Restronics Florida
04/25/2024 | KYZEN'KYZEN, the global leader in innovative environmentally responsible cleaning chemistries, proudly announces its strategic partnership with Manufacturers’ Representative Restronics Florida. Just like KYZEN’s commitment to continuously improving precision cleaning, Restronics Florida serves as a consultative OEM sales representative organization dedicated to educating customers to enhance their processes and productivity.
Determining the Value-add of Box Build
04/24/2024 | Nolan Johnson, I-Connect007At a strategic level, adding box-building services makes sense for customer loyalty. But is it really that simple? Jon Schmitz, who manages customer engagement at RiverSide Integrated Solutions, talk about about what it really takes to be successful in offering EMS and final assembly services under the same company banner.
Fujitsu, METRON Collaborate to Drive ESG Success
04/24/2024 | JCN NewswireFujitsu Limited and METRON SAS, a French cleantech company specializing in energy management solutions for industrial decarbonization, today announced a strategic initiative to contribute to the realization of carbon neutrality in the manufacturing industry.
Adura Solutions Exhibits at Del Mar 2024
04/24/2024 | Adura SolutionsSumit Tomar, CEO of Adura Solutions, has announced that his company will be exhibiting at this year’s Del Mar Electronics and Manufacturing Show to be held at the Del Mar Fairgrounds, San Diego, California, April 24-25.
US Department of Defense Selects Intel Foundry for Phase Three of RAMP-C
04/23/2024 | IntelThe U.S. Department of Defense (DoD) has awarded Intel Foundry Phase Three of its Rapid Assured Microelectronics Prototypes - Commercial (RAMP-C) program.