Keywords
Citation
(2005), "Nelco SAS is becoming part of Park's Neltec Group", Circuit World, Vol. 31 No. 1. https://doi.org/10.1108/cw.2005.21731aab.008
Publisher
:Emerald Group Publishing Limited
Copyright © 2005, Emerald Group Publishing Limited
Nelco SAS is becoming part of Park's Neltec Group
Nelco SAS is becoming part of Park's Neltec Group
Keywords: Merging, Electronics industry
The Nelco, SAS subsidiary located in Mirebeau, France has been integrated into the company's Neltec group of businesses. The Neltec group of businesses currently consists of Neltec, Inc. located in Tempe, Arizona and Neltec, SA located in Lannemezan, France. The company's Neltec group of businesses focuses exclusively on high- performance digital and RF/Microwave materials for very high-end electronic applications.
Consistent with this change, Nelco, SAS is being renamed “Neltec Europe SAS”. Although the new Neltec Europe SAS will continue to service its existing customers with its existing product line, the new emphasis for Neltec Europe SAS will be to drive technology in the European market. Accordingly, the new Neltec Europe SAS, which will continue to be based in Mirebeau, France, will offer full service to the Neltec group's entire high- performance product line. The new Neltec Europe SAS will report into Neltec, Inc. in Tempe, Arizona. Neltec, S.A., which currently reports into Neltec, Inc. in Tempe, Arizona, will continue to manufacture and offer the company's PTFE based RF/Microwave product line.
Brian Shore, Park's President and CEO, said, “We look at this major change in emphasis of our European business as a very positive development. As far as I am concerned, there does not exist any very important long-term future for the FR-4 business in Europe. However, we do believe there is an important future for high technology digital and RF/Microwave materials in Europe, and this is where our focus will be in the future both for Neltec, S.A. in Lannemezan, France and our newly named Neltec Europe SAS business in Mirebeau, France. With this reinvention of the Nelco, SAS business into the Neltec Europe SAS technology- oriented business, we believe our business in Europe will have the best chance for success and we also believe we will be in the best position to help our European customers succeed.”
For further information visit the Web site: www.parkelectro.com and www.parknelco.com