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NBS secured an $8.2 million credit facility from Silicon-Valley-based Bridge Bank, National Association; a subsidiary of Bridge Capital Holdings (NASDAQ: BBNK). TT electronics integrated manufacturing services (IMS) will begin providing electronics manufacturing services to the global rail industry. Sunburst EMS, a high mix, low- to medium-volume electronics manufacturing services provider, installed a Hawkeye print verification system on its DEK Horizon 03i automated printer. Jabil received the 2009 Market Leadership of the Year Award in the global medical electronics manufacturing services (EMS) industry by Frost & Sullivan. The $8.2 million credit facility from Bridge Bank, National Association; a subsidiary of Bridge Capital Holdings (NASDAQ: BBNK), will augment NBS’s growth plan that has continued since opening a custom new facility in 2008, including the acquisition of CompServ in early 2009. “Our liquidity and in turn our ability to respond quickly to fresh opportunities have both been improved by this agreement,” stated NBS CFO Chris Mak. Founded in 1999 as a PCB layout specialist, NBS delivers leading-edge services in design engineering, end to end manufacturing, and test and verification to a large and diverse customer base serving all industry segments and geographies. They deploy an integrated network of engineering and manufacturing processes that enable NPI and volume manufacturing to co-exist. http://www.nbscorp.com TT electronics integrated manufacturing services (IMS) will provide electronic manufacturing services to the global rail industry and high-speed transportation market. TT electronics will offer low-volume, high-mix solutions through advanced manufacturing services, including design support, application engineering assistance, and advanced testing for rail/transportation electronics. The EMS provider developed a dedicated team across all of TT electronics integrated manufacturing services sites to better serve the rail industry’s needs, said John Molloy, division chief executive for TT electronics IMS. He cited the company’s combined application engineering expertise, wide service offerings and extensive in-house manufacturing capabilities, as reasons to enter the rail transport sector. Its facilities in Rogerstone, U.K. and Suzhou, China achieved the International Rail Industry Standard (IRIS) earlier this year, accrediting the sites to manufacture and supply safety critical systems for the global rail industry. TT electronics IMS facilities in North America, Europe and Asia are certified to the ISO-13485 medical standard, the ISO14001:2004 environmental standard, TS16949, and ISO9001:2000. The company also recently announced that it will target the medical electronics market. www.ttelectronics-ims.com Sunburst EMS added a Hawkeye print verification system on its DEK Horizon 03i automated printer. Sunburst acquired the Horizon printer system several months ago. DEK's Horizon 03i offers motorized stencil alignment, fast product changeover, 2.0 Cpk print process capability and 6-Sigma production performance, along with the Instinciv V9 user interface. The DEK Hawkeye post-print verification tool was a key upgrade for further process optimization. It will allow faulty boards to be isolated in real time, maximizing throughput and yield. HawkEye is an automatic print verification technology that operates at the line beat rate. HawkEye can be configured to assess 100% of printed boards and gives a rapid go/no-go indication for each. Sunburst customer base is in the military and medical electronics marketplace. “During the last six months, we have added a new AOI machine, an in-circuit tester, and now the Hawkeye upgrade to the DEK printer,” noted Dave Fahey, VP of sales. www.sunburstems.com
David Atkinson accepting Jabil’s 2009 Frost & Sullivan Award.Frost & Sullivan presented Jabil with the 2009 Market Leadership of the Year Award in the global medical electronics manufacturing services (EMS) industry, citing Jabil’s 56% growth rate from 2003 to 2008. The award lauded Jabil’s depth of knowledge and industry experience, financial strength, lean supply chain, and nine FDA-compliant facilities manufacturing Class II and Class III devices. Jabil has a “consistent focus on enhancing customer service, comprehensive product and service portfolio, and sound business strategies,” said Lavanya Ram Mohan, senior research analyst, Frost & Sullivan, adding that the EMS provider’s financial strength has been a key differentiator for its success. Frost & Sullivan’s evaluation process for the Market Leadership of the Year awards involves interviews with all market participants, customers and suppliers, along with extensive secondary and technology research. Criteria include market penetration, strategic innovation, technology innovation, revenue growth and brand recognition. www.jabil.com David Atkinson accepting Jabil’s 2009 Frost & Sullivan Award.