Sparton Corporation Introduces New Rapid Prototyping Service: Provides Time and Cost Savings, Flexibility to Commercial and Regulated Market Customers
JACKSON, Mich. – June 30, 2009 – Sparton Corporation today announced that its Electronic Manufacturing Services (EMS) business unit based in Brooksville, Fla., is offering a new rapid prototyping service for electronic assemblies that provides customers several benefits, including time and cost savings, with increased flexibility.
Sparton’s new service provides a stand-alone, dedicated pilot line and engineering lab that offers a means of manufacturing and testing multiple aspects of a customer’s existing or newly designed electronic assemblies before it is mass produced. Sparton’s new capabilities are compatible with Proof-of-Concept (PoC) prototypes, where product design is still evolving, and Production-Ready (PR) prototypes, where final testing or certifications are the last step prior to full production.
“Sparton’s new rapid prototyping service offers our customers direct access to production line equipment, manufacturing engineers, and manufacturing assets during the design cycle,” said Gene Vigilante, director, Engineering Services, Sparton Corp. “The prototyping service doesn’t timeshare with other production lines, but rather allows our customers access to a fully production-compatible line assembly, dedicated to PoC and PR prototypes, which significantly increases probability of first-time design success and shortens the product’s time to market.
“Decisions made during the product’s design phase have the largest impact on the assembly's quality and future cost. By combining the design cycle with early manufacturing involvement, an environment is created where risk is reduced and delays are eliminated,” added Vigilante.
“This new service offering is an extension of our customers’ design capabilities,” said Cary Wood, president and CEO, Sparton Corp. “With the addition of this prototyping area, Sparton is able to provide its current and future customers with increased and more advanced service.”
The Company’s electronic assemblies prototyping line is located in its Brooksville, Fla., manufacturing facility, and offers sufficient capacity to handle all customer requests.
Sparton also provides other "early involvement" engineering services such as Design for Manufacturing, Assembly, Test, Maintainability, Productibility (DFx); Printed Circuit Board (PCB) design; Component Engineering/Parts Obsolescence Management; and Configuration Management to ensure product quality and reduce change management costs over the life of the product.
About Sparton Corporation
Sparton Corporation (NYSE:SPA) now in its 109th year, is a broad-based provider of electronics to technology-driven companies in diverse markets. The Company provides its customers with sophisticated electronic and electromechanical products through prime contracts and through contract design and manufacturing services. Headquartered in Jackson, Mich., Sparton currently has five manufacturing locations worldwide. The Company's Web site may be accessed at http://www.sparton.com.
Safe Harbor and Fair Disclosure Statement
Certain statements described in this press release are forward-looking statements within the scope of the Securities Act of 1933, as amended (the “Securities Act”), and the Securities Exchange Act of 1934, as amended (the “Exchange Act”). Forward-looking statements may be identified by the words “believe,” “expect,” “anticipate,” “project,” “plan,” “estimate,” “will” or “intend” and similar words or expressions. These forward-looking statements reflect Sparton’s current views with respect to future events and are based on currently available financial, economic and competitive data and its current business plans. Actual results could vary materially depending on risks and uncertainties that may affect Sparton’s operations, markets, prices and other factors. Important factors that could cause actual results to differ materially from those forward-looking statements include, but are not limited to, Sparton’s financial performance and the implementations and results of its ongoing strategic initiatives. For a more detailed discussion of these and other risk factors, see Part I, Item 1A, Risk Factors and Part II, Item 7, Management’s Discussion and Analysis of Financial Condition and Results of Operations, in Sparton’s Form 10-K for the year ended June 30, 2008, and its other filings with the Securities and Exchange Commission. Sparton undertakes no obligation to publicly update or revise any forward-looking statement as a result of new information, future events or otherwise, except as otherwise required by law.
Media contact:
Dick Pacini
The Millerschin Group
248-276-1970
248-770-6446 (cell)
dpacini@millerschingroup.com