Earlier this year, Alcatel, headquartered in Paris, announced plans to sell the property. Sanmina, a 15-year supplier to Alcatel, stepped up to the plate and scored a homerun not only with the buy, but a multi-year supply contract, according to a company statement. Financials are being kept under wraps.
"The planned acquisition of this operation," says Jure Sola, Sanmina's chairman and CEO, "expands our world-class manufacturing capabilities, supporting our strategic growth goals." The Richardson acquisition takes Sanmina to 60 facilities worldwide.
Sanmina's North Texas court is shaping up just fine with the acquisition, but that's not the case in Austin where a strategy is unfolding to put 65,000 sf of a fabrication facility on the market in October. Sanmina be vacating industrial space at 15508 Bratton Lane in the Austin's far north submarket.
Company officials were not available by press time to address questions about the shift in focus from Central Texas to North Texas and if other operations there might be affected as a result of the new acquisition. In Texas, Sanmina has two manufacturing facilities in Plano and one each in Richardson and San Antonio. In addition to the Austin fabrication plant, there also is one in Carrollton, one of Richardson's neighbors. Sanmina, founded in 1980, is a supplier for the communications, medical, industrial instrumentation and high-end computer industries.
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