The Paragon Electronics Group Reports Strong Growth for 2011
Supply Chain Management and EMS specialist, The Paragon Electronics Group has reported growth of 18% for 2011, with particularly dramatic growth of 30% for its EMS business, JJS Electronics. The company attributes this growth to the breadth of its supply chain management and electronics manufacturing services, coupled with the depth of its capabilities across electronics, electrical and mechanical disciplines and synergies between business units within the group. In addition, a diverse customer base operating in many market segments is also cited as a key factor.
JJS Electronics, the group’s Electronics Manufacturing Services business grew by 30% in 2011. With its two-site manufacturing strategy, the UK facility in Leicestershire offers local customer service support along with engineering, NPI and specialist assembly services; whilst JJS Electronics s.r.o. in the Czech Republic is the company’s main production centre for higher volume and complex electro-mechanical products. Group Managing Director, John Mayes, believes that continuing investment has also contributed to the dramatic growth figures. “Our investment programme continued throughout 2011 with the introduction of new equipment and enhancements to the group-wide business management software. We also maintained our commitment to our group-wide ‘World Class’ initiative that continues to train existing personnel, and add new skills and expertise in key areas via the recruitment of new staff. On-going Investment is just one part of our tangible commitment to the provision of high quality services and to meet or exceed our customers’ exacting requirements for quality, cost and on-time delivery.”
Tangible enhancements in capability, capacity and quality have already resulted in new opportunities in new market areas being added to the company’s new business pipeline. “We’re focusing on developing strong partnerships with customers in key sectors such as industrial, instrumentation, transportation, printing and packaging, renewable energy, high-end communications, medical, aerospace and defence,” says Mayes. “We see these markets returning to growth and believe we are exceptionally well placed to deliver the quality, consistency and agility that customers in these sectors require. We fully expect to continue to grow at these levels during 2012,” he adds.