FYI Printed Circuit Board folks

[Qacer]

I got this in my inbox:

Dear User,

It has just come to our attention via a press release that PhotoCircuits, headquartered in Glen Cove, NY, has announced that they will be closing their doors in the near future.

As fellow Americans, we regret losing any circuit board competitor as it means the loss of American jobs and disrupted lives and careers. PhotoCircuits has had a great history and has served their customers well as one of North America?s largest PCB shops.

Advanced Circuits has been blessed with expanding growth over the last 10 years, and many of our capabilities mirror those at PhotoCircuits. If you have part numbers registered at PhotoCircuits, we will offer FREE TOOLING & TEST for any Photo Circuits part numbers (1 ? 6 layers) transferred to Advanced Circuits over the next 60 days. If you have acquaintances in other companies that have been doing business with PhotoCircuits, we would appreciate your forwarding this email to them.

Expedites are our specialty so if you need quickturn?even with plating finishes such as ENIG?we can take care of your most urgent requirements.

Please give us a call 1-800-979-4722 or visit us online at a www.4pcb.com for an instant quote.

Additionally, we invite you to use of exclusive FreeDFM service at www.freedfm.com. More than a Design Rules check, FreeDFM.com checks PCB design files for issues that affect manufacturability and sends you a detailed FREE graphical report within minutes. We will identify ?Show Stoppers? as well as other errors before you place your order. We?ll not only tell you what you need to change but what we will correct for you as well. We?ll even send you a quote!

If we can assist you, please contact us. We look forward to hearing from you.

Best Regards,

Joel Dahlin
Regional Sales Manager
Advanced Circuits
800-979-4722 ext 303

21101 E 32nd Parkway
Aurora, CO 80011

 

[hanoverphist]

wouldnt it be awesome if Photocircuits wasnt really going out of business? perfect way to drum up some of your competitions business contacts, hehe.


or mebbe im just too cynical?

 

[middlehead]

Originally posted by: hanoverphist
wouldnt it be awesome if Photocircuits wasnt really going out of business? perfect way to drum up some of your competitions business contacts, hehe.


or mebbe im just too cynical?

That's the first thing I thought of; "Is PhotoCircuits actually going out of business, or are these guys just dicks?"

 

[mzkhadir]

http://www.photocircuits.com/news_shutdown.asp

Glen Cove?s Photocircuits Corporation To Close

45 day shut-down schedule to commence; operations will continue to finish work with existing customers while discussions with potential buyers continue Foreign competition created a situation ?too dire to continue.?

Since 1951 Photocircuits has manufactured Printed Circuit Boards (PCBs) at a facility in Glen Cove. PCBs are the connectors of all electronic circuitry found, for example, in cars, consumer electronics and military technology. Historically, Photocircuits has been a leading provider of PCBs to companies such as Lockheed Martin, Tyco Power, Hitachi, Evertz and Benchmark. Automotive clients have generally represented between 10-15% of company sales.

Photocircuits Corporation, under previous ownership, filed for Chapter 11 in October 2005. American Pacific Financial Corporation purchased the company in 2006 and formed Photocircuits Corporation as a Nevada corporation to continue operations of the business.

The company, under previous ownership, had shut down operations in Atlanta, Georgia.

In order to continue operations at the Glen Cove facility, which has over 700 employees, Photocircuits, once out of earlier bankruptcy, spent a significant amount on operations. Despite these efforts revenues continued their downward slide. In 1999 Photocircuits had revenues of $419 million; in 2005 revenues were $163 million. 2006?s revenues are estimated at $84 million.

?The Board of Directors determined that despite best efforts to keep this facility open, foreign competition created a situation just too dire to continue,? said Photocircuits spokesman Michael Tobman. ?Because overhead costs ? and by that the Board doesn?t mean labor ? are at a level so far above what PCB manufacturers in Asia face, continuing at the plant would be unrealistic despite generous accommodations from the Long Island Power Authority and the support of Nassau County public officials.?

?The Glen Cove facility took shape in a very ramshackle sort of way,? Tobman added. ?Buildings were added over a course of decades as needed. As such, components and materials have to be moved from point A in the facility to a distant point B. It made for a very inefficient process.?

?The company does not expect to be filing for bankruptcy protection. New tenants and productive uses for the campus are being sought. Photocircuits is in discussions with potential buyers and is looking to provide alternate sources for its customers and is hopeful that potential buyers would offer current employees new positions,? Tobman concluded.

 

[sygyzy]

Expected email from a bottom dweller sales manager. Go figure. First he tries to drum up patriotism, because it's foreigners fault that PhotoCircuits sucked at business. Then he immediately launches into a sales pitch.

 

[amicold]

Originally posted by: sygyzy
Expected email from a bottom dweller sales manager. Go figure. First he tries to drum up patriotism, because it's foreigners fault that PhotoCircuits sucked at business. Then he immediately launches into a sales pitch.

PhotoCircuits themselves says foreign competition put them out, but I will agree this is a scum tactic.

 

[WhoBeDaPlaya]

Rogers Corp. and your own precision milling machine FTW!