CEO Ken Westrick says two new customers in the second half of2000 and growing demand from its existing customers triggered therecent decision "to increase our manufacturing capacity beyond ourpreviously announced plans." At the beginning of this year, theentirety of New Focus' manufacturing was conducted domestically ina 15,000-sf facility in Santa Clara. Since, in addition to theChina operations, another facility was opened in San Jose, with asecond scheduled to open there in the coming quarter.

New Focus had previously announced it would have 159,000 totalsf of manufacturing space during the first quarter of 2001. Now,with the decision to fit-up the Shenzhen, its production facilitieswill total 234,000 sf by mid-2001, says Westrick.

Another addition to New Focus' manufacturing space will comewhen the company finalizes its announced merger with JCA TechnologyInc., a privately held company that designs, manufactures andmarkets a full line of fiber optic products. The merger is expectedto close next month, though with different terms than originallyhammered out in October due to recent stock marketfluctuations.

Want to continue reading?
Become a Free ALM Digital Reader.

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.