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EV Group bucks trend; plans equipment capacity expansion on strong orders
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Equipment supplier EV Group, said that strong equipment orders in the last quarter have led to plans to increase production capacity with an extra working shift, starting near the end of April. New orders have exceeded the equipment suppliers forecasts, with demand coming from 3D IC through-silicon via (TSV) and nanoimprint lithography markets.
“We are taking measures to ramp up production to not only meet current demand but also future demand, which we expect to remain strong despite the current economic situation,” commented Dr. Werner Thallner, EV Group’s Executive Operations Director. “Meeting our delivery targets is an essential part of our business, and an ongoing commitment to our customers. An additional production shift will prepare us for future growth and enable us to shorten lead times that will in turn allow our customers to quickly ramp production and meet their time-to-market objectives.”
EV Group remains optimistic about its outlook for 2009 and beyond.