Product category:
Electronics Manufacturing Services
News Release from: Plextek
Edited by the Electronicstalk Editorial
Team on 31 August 2006
Contract covers design to manufacture
A $50 million order from US company LoJack Corporation is Plextek's largest contract to date.
Plextek has won a $50 million order from US company LoJack Corporation, its largest contract to date The deal, covering two years, is for production of the next generation LoJack stolen vehicle recovery unit that police can track directly
This article was originally published on Electronicstalk on 15 Mar 2005 at 8.00am (UK)
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Plextek has designed a telemetry system that allows data to be transmitted over long distances at low power.
The first part of the order has already been shipped.
The LoJack contract represents the extension of Plextek's activities from pure design house to niche contract manufacturer of volume communications products.
Plextek's manufacturing partner is Clarion (Malaysia), part of the Clarion automotive electronics group.
Other supply relationships are expected to follow.
Colin Smithers, Managing Director of Plextek, commented: "This contract is a landmark win for us".
"Not only is it a significant boost for the company to be selected for this sizeable contract, it's also a great example of our ability to provide a complete design through to manufacture service".
"It highlights how we've adapted to meet the changing demands on the design services industry".
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