FOR IMMEDIATE RELEASE
Fabrinet Continues Expansion in South East Asia:
Third Factory Near Capacity, Construction Commences On Fourth
Bangkok, Thailand – January 22, 2007 - Fabrinet, a leading global manufacturing services provider of complex optical components, announced that its latest factory, completed in Nov 2005, is near capacity and that a foundation-stone laying ceremony for a new factory in its Pinehurst campus manufacturing complex near Bangkok, Thailand, will occur today.
The new facility of approximately 300,000 square feet will accommodate fast-growing demand for the company’s optical components, module manufacturing and system assembly services as well as anticipated growth in capital equipment, automotive and medical markets. Scheduled for completion in late 2007, the new building will raise Fabrinet’s global manufacturing capacity to over one million square feet.
The new factory’s numerous assembly lines can be customized to support Class 100,000 to Class 100 Clean Rooms for high precision opto-electronic manufacturing and sophisticated “Dry-Rooms” to meet the ultra-low humidity requirements of medical devices. Additionally, the factory will accommodate Fabrinet’s unique, customer-specific “factory within a factory” operations, ensuring complete IP security and exact adherence to each customer’s desired manufacturing processes.
“Our factory within a factory infrastructure and extensive quality process requires particularly large and flexible facilities,” said Tom Mitchell, chairman and CEO of Fabrinet. “The new building reflects the continued investment we’re making in Thailand which we believe continues to offer a compelling manufacturing value proposition for complex high-mix, low to medium volume products.”
About Fabrinet
The leading outsourced provider of optical componentry, Fabrinet serves data communications, telecom, storage area networks (SAN), cable television, automotive, and industrial sensing markets worldwide with vertically integrated technology solutions. Fabrinet offers a broad range of highly sophisticated engineering services including comprehensive process technology transfer capabilities, rigorous IP protection with a highly customized “factory within a factory” operating model, a real-time “shop floor” product tracking and information system, clean room assembly environments (up to Class 100) and a partnership model recognized for its customer service and flexibility. Fabrinet also designs and manufactures bulk optical components including glass and crystal through its operating subsidiaries Casix and Vitrocom. ISO 9001:2000, 14001, TL 9000 and ISO/TS 16949:2002 certified, Fabrinet maintains factories in Thailand, China and the United States. For more information visit the website at www.fabrinet.com.
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