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词条 Merix Corporation
释义

  1. History

  2. Operations

  3. References

  4. External links

{{Infobox company
| name = Merix Corporation
| logo = MerixLogo.png
| type = Public
| foundation = 1994, Oregon
| location = Beaverton, Oregon,
United States
| key_people = William C. McCormick, Chairman
Mike Burger, CEO
| industry = electronics
| products = printed circuit boards
| revenue = $287 million USD (FY 2009)
| operating_income = {{loss}} $49 million USD (FY 2006)
| net_income = {{loss}} $49 million USD (FY 2006)
| num_employees = 2,950 (2009)
| parent = TTM Technologies
| divisions = Merix San Jose
Merix Asia
Merix Oregon
| subsid =
| homepage =
| footnotes = Financial data[1]
}}

Merix Corporation was a printed circuit board (PCB) manufacturer based in the U.S. state of Oregon.[2] Prior to a merger in 2010 with Viasystems, the Beaverton based company had been the 31st largest public company in Oregon based on market capitalization as of 2006.[3][4] The company is now part of TTM Technologies.

History

Merix Corporation was started in 1994 as a spin-off from Tektronix, Inc. in Oregon’s Silicon Forest, employing 700 people.[5] Tektronix continued to own 27% of the new company.[6] The City of Portland’s Office of Sustainable Development awarded Merix a BEST Award in 1997 for water conservation.[7] Merix lost $9.6 million on revenues of $87 million in 2002, and followed that with losses of $30 million in 2003 on revenues of $95 million.[8]

In December 2004, the company bought Data Circuit Systems and named the unit Merix San Jose.[8] That fiscal year Merix returned to profitability with a $20,000 in earnings from $156 million in revenues.[8] On September 29, 2005, Merix purchased the operations of Eastern Pacific Circuits Holding Limited. Merix renamed these operations as Merix Asia.[9] In February 2007, the company was warned by NASDAQ for failing to have a full three member independent audit committee as required by NASDAQ listing rules.[10]

For the 2006 fiscal year they had revenues of $309 million and a profit of $1.4 million.[8] In January 2008, Merix announced the closing of their Wood Village, Oregon, factory they opened in 2004.[11] The company laid off 180 people company-wide as part of a restructuring plan at that time.[11] Another 230 people were laid off in early 2009,[12] and the company then lost $8.4 million on nearly $60 million in revenues in the quarter that ended in May 2009.[13]

Also in 2009, the company expanded its military and aerospace customer base, adding contracts to companies such as Rockwell Collins.[14] In October 2009, Merix announced they would merge with Viasystems with the combined entity headquartered in St. Louis, Missouri.[15] Merix reported a quarterly profit for the second quarter of their 2010 fiscal year, the first such profit since 2007.[16] The merger with Viasystems was completed in February 2010.[17] Viasystems was acquired by TTM Technologies in May 2015.

Operations

The company's main domestic production facility is located in Forest Grove, Oregon, in the Portland metropolitan area.[18] The {{convert|250000|ft2|adj=on}} facility employs about 800 people and is the city's largest employer.[18] Merix's other U.S. plant is located in San Jose, California.[18] Company headquarters are in Beaverton, Oregon, also in the Portland area,[18] with Mike Burger serving as the chief executive officer since 2007.[14]

Merix produces printed circuit boards that are used in various electronic equipment worldwide. This is primarily multi-layered rigid PCBs used in the automotive industry, communications equipment, testing equipment, and the computer industry. The manufacturing facilities are located primarily in China.[19]

References

1. ^{{cite web|url=http://www.merix.com/files/2009%20Annual%20Report.pdf|archive-url=https://web.archive.org/web/20110714074625/http://www.merix.com/files/2009%20Annual%20Report.pdf|dead-url=yes|archive-date=July 14, 2011|title=2009 Annual Report|date=July 30, 2009|publisher=Merix|accessdate=5 January 2010}}
2. ^Merix Corporation (MERX). Portland Business Journal. Retrieved on March 25, 2008.
3. ^{{cite web |url=http://www.oregonlive.com/business/wide/index.ssf?/business/oregonian/top50.html |title=The Oregonian Top 50 |publisher=OregonLive.com |date=July 2, 2006 }}
4. ^Merix North America. Merix. Retrieved on May 14, 2008.
5. ^"Tektronix In a Spinoff", The New York Times, April 4, 1994.
6. ^[https://query.nytimes.com/gst/fullpage.html?res=9403E4D71F31F934A2575AC0A96E958260&scp=1&sq=merix&st=nyt Company News; Tektronix, posting a loss, plans 10% cut in work force.] The New York Times, September 17, 1998.
7. ^1997 BEST Winners. City of Portland, Oregon. Retrieved on March 25, 2008.
8. ^Merix Corporation 2006 Annual Report. Securities and Exchange Commission. Retrieved on March 25, 2008.
9. ^Merix Corporation - Company Profile Snapshot. Wright Reports. Retrieved on March 25, 2008.
10. ^NASDAQ warns Merix. Portland Business Journal, February 19, 2007.
11. ^Trevison, Catherine. Merix to lay off 180, close plant. The Oregonian, January 10, 2008.
12. ^{{cite news|url=http://portland.bizjournals.com/portland/stories/2009/02/02/daily71.html|title=Merix lays off 230|date=February 6, 2009|work=Portland Business Journal|accessdate=2009-10-09}}
13. ^{{cite news|url=http://portland.bizjournals.com/portland/stories/2009/07/13/daily6.html|title=Merix reports $8.4 million loss|date=July 13, 2009|work=Portland Business Journal|accessdate=2009-10-09}}
14. ^{{cite news|url=http://portland.bizjournals.com/portland/stories/2009/06/29/story5.html|title=Merix gains a foothold in aerospace market|last=Siemers|first=Erik|date=June 26, 2009|work=Portland Business Journal|accessdate=2009-10-09}}
15. ^{{cite news|url=http://www.oregonlive.com/business/index.ssf/2009/10/oregons_merix_merging_with_cir.html|title=Oregon's Merix merging with circuit-board maker Viasystems|last=Hunsberger|first=Brent|date=October 6, 2009|work=The Oregonian|accessdate=2009-10-07}}
16. ^{{cite news|url=http://blog.oregonlive.com/siliconforest/2010/01/merix_sales_meet_last_weeks_fo.html|title=Merix posts first profit in nearly three years|last=Rogoway|first=Mike|date=January 4, 2009|work=The Oregonian|accessdate=5 January 2010}}
17. ^{{cite news|url=http://blog.oregonlive.com/siliconforest/2010/02/viasystems_completes_merix_pur.html|title=Viasystems completes Merix purchase|last=Rogoway|first=Mike|date=February 16, 2010|work=The Oregonian|accessdate=17 February 2010}}
18. ^{{cite news|url=http://blog.oregonlive.com/hillsboroargus/2009/10/merix_to_merge.html|title=Merix to merge|last=Christensen|first=Nick|date=October 9, 2009|work=The Hillsboro Argus|page=A1|accessdate=2009-10-09}}
19. ^Company profile for MERX. Reuters. Retrieved on March 25, 2008.

External links

  • New Merix CEO gets his orders - Portland Business Journal
  • Spiraling Merix records another bleak quarter - Portland Business Journal
{{FormerORCompanies}}

6 : Companies based in Beaverton, Oregon|Manufacturing companies based in Oregon|Electronics companies established in 1994|Companies formerly listed on NASDAQ|1994 establishments in Oregon|2010 mergers and acquisitions

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