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Article: Contract manufacturing on the rise: outsourcing assembly is no longer just a short-term fad. (Assembly Trends).
- Article from:
- Assembly
- Article date:
- September 1, 2002
- Author:
CopyrightCOPYRIGHT 2002 BNP Media. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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As numerous original equipment manufacturers (OEMs) continue to pursue aggressive weight loss programs, outsourcing is the closest thing to an industrial-strength dietary supplement. By shedding plants and equipment, manufacturers hope to make themselves more appealing to investors and Wall Street analysts.
As OEMs slim down, contract manufacturers have been bulking up. Indeed, these growing companies have become the new heavyweights of production in many industries.
Contract manufacturing traces its roots to the mid-1970s when several companies sprang up to handle the overflow of printed circuit board assembly. Today, the electronics manufacturing ...