Kitron: Event marks expanded capabilities in the U

(2017-10-06) Kitron today will host an event at its site in Johnstown, Pennsylvania, to celebrate investments in expanded capabilities and the next phase of Kitron's US presence.

The event will be attended by customers, suppliers, business partners and press.

"Seven years after Kitron opened the doors to the Johnstown site, we host this event to announce that we are ready for the next phase," said Jason Galiote, Operations Manager of Kitron US.

Kitron has now invested in a Surface Mount Technology (SMT) line in Johnstown. This site has now all the capabilities locally to offer a complete solution to customers, spanning from PCBA, box-build to high-level assembly.

"Kitron has during the last year expanded its scope of services within sourcing and procurement, warehousing and distribution and engineering services within testing and prototyping in Johnstown. The latest investment in the SMT line will not only enable us to become a fully integrated supply partner for our customers, but will as well increase our competitiveness as a US contract manufacturer", continues Galiote.

"Kitron established the Johnstown site primarily to provide the Defence market sector with high-level assembly, repair and overhaul services and functional testing for electronic box build assemblies. The new investments, which will add value to our current local customers, will also make us competitive for new global customers. We will continue to grow the Defence sector, but now we also have an opportunity to expand to other sectors, for instance Industry and Medical devices. We already have new contracts outside the Defence sector, and we are in ongoing discussions to expand our customer base further," said Peter Nilsson, President and CEO of Kitron Group.

In order to handle the increased business, Kitron will hire additional staff in Johnstown.

For further information, please contact: Jason Galiote, Operations Manager, Kitron US, tel.: +1 (814) 691 7784 E-mail: investorrelations@kitron.com

Kitron is one of Scandinavia's leading electronics manufacturing services companies for the Defence/Aerospace, Energy/Telecoms, Industry, Medical devices and Offshore/Marine sectors. The company is located in Norway, Sweden, Lithuania, Germany, China and the United States. Kitron had revenues of about NOK 2.1 billion in 2016 and has about 1.350 employees. www.kitron.com