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Juki Automation Systems Announces Record Growth

Oct 07, 2008

MORRISVILLE, NC - October 2, 2008 - Juki Corporation, a world-leading provider of automated assembly products and systems, announces that it closed the third quarter of 2008 with record 35%+ growth year on year. Sales of surface mount placement systems grew almost 40%, complemented by 20%+ growth in the Selective Solder product line.

Bob Black, President and CEO, commented, �All of us at Juki would like to thank our customers for making this outstanding result possible. While other firms in our industry struggle, Juki has continued to build on the strong growth of last year with these record numbers. I also want to thank our great team of people, whose hard work and dedication to our customers has made this all possible.�

Juki also reported that the strong start of the FX-3 high-speed placement system was a major factor in 2008 sales. Juki Technical Director Gerry Padnos remarked, �The strong performance of the FX-3 has led to faster sales growth than we had planned. We are pleased that Juki has increased production capacity for the FX-3 to keep up with this demand.�

Juki Automation Systems, Inc. is a wholly owned subsidiary of Juki Corporation, responsible for Juki's SMT product line in the Americas.

Juki Corporation's experience as the market leader in industrial sewing machines was the stepping-stone for the entry into the printed circuit board assembly market in 1987. Since then, Juki has delivered more than 20,000 automated assembly systems worldwide and is currently shipping an average of 200 assembly machines per month. This extraordinary achievement makes Juki one of the world's leading providers of automated assembly products and systems. In addition to its core technologies, Juki's Electronic Assembly and Test Systems Division develops and manufactures advanced electronic systems and computer software for data entry, mail processing and other electronic equipment.

With the purchase of Zevatech's assets in November 1999, Juki Automation Systems now brings Juki's reputation for top quality and reliable service also to the North and South American and the European electronics assembly markets. Juki recognizes the challenges of the new century and is prepared to respond to the globalization of electronic manufacturing. With a sophisticated knowledge base, advanced technologies and a high commitment to its customers, Juki is poised for continued growth in the 21st century.

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