View printer-friendly versionDucommun Incorporated Announces Grand Opening Of The Manufacturing Facility In Thailand
LOS ANGELES, California (July 12, 2006) -- Ducommun Incorporated (NYSE: DCO) today announced that its Ducommun Technologies, Inc. (DTI), subsidiary has opened and begun production in its new manufacturing facility in Thailand. Initial production supports DTI’s high performance and high reliability commercial microwave switches to service the growing demands in the U.S. and other international markets. The facility is located in Saraburi, approximately two hours north of Bangkok. DTI is developing the site to accommodate future expansion of the facility as required to meet the growing needs of the marketplace.
Joseph C. Berenato, chairman, president and chief executive officer of Ducommun, stated, “We have begun production less than a year after approval from the Thailand Board of Investment to invest in this project. Our initial production will focus on commercial microwave switches for the global telecommunications marketplace. We are continuing to evaluate other commercial applications which would be a good fit for our Thailand facility and allow us to increase our manufacturing activities there.”
Ducommun Technologies is a leading technology company with design, development, manufacturing, integration, and test capabilities in the areas of missiles, space, sensor, simulation, complex electronic/mechanical assemblies, illuminated cockpit displays, RF systems and space qualified motion control devices.
Founded in 1849, Ducommun Incorporated provides engineering and manufacturing services for the aerospace and defense industry.
The statements made in this press release include forward-looking statements that involve risks and uncertainties. The Company’s future financial results could differ materially from those anticipated due to the Company’s dependence on conditions in the airline industry, the level of new commercial aircraft orders, production rates for Boeing commercial aircraft, the C-17 and Apache helicopter rotor blade programs, the level of defense spending, competitive pricing pressures, manufacturing inefficiencies, start-up costs and possible overruns on new contracts, technology and product development risks and uncertainties, product performance, risks associated with acquisitions and dispositions of businesses by the Company, increasing consolidation of customers and suppliers in the aerospace industry, possible goodwill impairment, availability of raw materials and components from suppliers, and other factors beyond the Company’s control. See the Company’s Form 10-K for the year ended December 31, 2005 and Form 10-Q for the quarter ended April 1, 2006 for a more detailed discussion of these and other risk factors and contingencies.
Joseph C. Berenato, chairman, president and chief executive officer of Ducommun, stated, “We have begun production less than a year after approval from the Thailand Board of Investment to invest in this project. Our initial production will focus on commercial microwave switches for the global telecommunications marketplace. We are continuing to evaluate other commercial applications which would be a good fit for our Thailand facility and allow us to increase our manufacturing activities there.”
Ducommun Technologies is a leading technology company with design, development, manufacturing, integration, and test capabilities in the areas of missiles, space, sensor, simulation, complex electronic/mechanical assemblies, illuminated cockpit displays, RF systems and space qualified motion control devices.
Founded in 1849, Ducommun Incorporated provides engineering and manufacturing services for the aerospace and defense industry.
The statements made in this press release include forward-looking statements that involve risks and uncertainties. The Company’s future financial results could differ materially from those anticipated due to the Company’s dependence on conditions in the airline industry, the level of new commercial aircraft orders, production rates for Boeing commercial aircraft, the C-17 and Apache helicopter rotor blade programs, the level of defense spending, competitive pricing pressures, manufacturing inefficiencies, start-up costs and possible overruns on new contracts, technology and product development risks and uncertainties, product performance, risks associated with acquisitions and dispositions of businesses by the Company, increasing consolidation of customers and suppliers in the aerospace industry, possible goodwill impairment, availability of raw materials and components from suppliers, and other factors beyond the Company’s control. See the Company’s Form 10-K for the year ended December 31, 2005 and Form 10-Q for the quarter ended April 1, 2006 for a more detailed discussion of these and other risk factors and contingencies.