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Fabrinet Acquires Three JDS Uniphase Plants
June 1, 2005 |Estimated reading time: Less than a minute
SAN FRANCISCO — Fabrinet has recently closed its acquisition of three JDS Uniphase manufacturing sites in Mountain Lakes and Ewing, N.J., and Fuzhou, China. This acquisition serves to strengthen Fabrinet's position in the Chinese market with an approximately 225,000-sq.-ft. manufacturing center, as well as enhances its engineering and manufacturing technology base.
The Fuzhou operation will remain as Casix, and will continue to manufacture crystals and precision optics for Fabrinet's internal consumption and external customers throughout Europe, North America and Asia. The New Jersey sites are projected to consolidate into one location, specializing in standard and synthetic glass products for optical communications, medical and industrial markets.
"The JDS Uniphase and Fabrinet teams have worked together to ensure a smooth transition of the China and New Jersey sites to Fabrinet," comments Tom Mitchell, Fabrinet founder and CEO. "The transition was certainly made easier due to the high-quality standards and processes JDS Uniphase employed at all three locations. We are now in the glass and crystal businesses and looking forward to leveraging those capabilities vertically, and to expanding those markets in China and throughout the world."