SMT, PCB Electronics Industry News

Panasonic Factory Solutions Enjoys Double-digit Fiscal Growth

May 28, 2014

Rolling Meadows, IL (May 28, 2014) – Panasonic Factory Solutions Company of America announced today that it recorded double-digit growth in its fiscal year that ended March 31, 2014. In particular, it cited notable progress with Tier 1 suppliers, including a more than 200% increase in mid-market penetration and nearly 400% growth in refurbished machinery sales.

“By refining our infrastructure, the evolution of our “Any Mix Any Volume” market strategy, and the innovative hardware and software innovations, we accomplished tremendous growth in fiscal 2013,” stated M. Faisal Pandit, President of Panasonic Factory Solutions Company of America.

This extended reach into the market contributed to doubling new customer accounts over the last year while research and collaboration yielded  new innovations such as the AM100 placement machine, NPI-award-winning PanaCIM® Express (a self-contained MES deployment solution), and the newly released PanaCIM Maintenance with Augmented Reality. Additionally, customer service levels were elevated with the company’s implementation of the Project Management Office, a tool designed to make installations and technical service seamless “non-events”.

"Our growth in fiscal 2013 clearly proves Panasonic Factory Solutions has listened to and acted on what the market needed in order to offer total solutions aligning with the low volume high-mix market, as well as our Tier 1 manufacturers,” Mr. Pandit said.

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About Panasonic Factory Solutions Company of America
Panasonic Factory Solutions Company of America, a North American source for electronic assembly equipment (SMT), software, and technical support, provides total business systems solutions for electronic semiconductor and packaging companies in the global marketplace through one provider. The company is a unit of Panasonic Corporation of North America, which is the principal North American subsidiary of Panasonic Corporation.

For additional information: Panasonic Factory Solutions Company of America, 5201 Tollview Drive, Rolling Meadows, IL 60008. PFSAmarketing@us.panasonic.com  PH: 847.637.9600 www.panasonicfa.com


Editorial Contact
Kristin Serna (Media Relations)  847.637.9600 PFSAmarketing@us.panasonic.com

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