Leading supplier of industrial control and factory automation provides a highly cost effective solution for CM & ODM market

SAN JOSE, Calif.--(BUSINESS WIRE)--AVACO, a global supplier of thin-film coating process and turnkey solution with various process, BEOL, and factory automation equipment, announced the expanded contract manufacturing service to target broader markets of industrial control and factory automation. As a veteran contract manufacturer for FPD (Flat Panel Display) and solar industry, AVACO will take on a new marketing initiative providing a highly cost effective solution to various markets that require industrial control and automation equipment for both R&D and mass production purpose.

"We are pleased with our market expansion in the contract manufacturing industry," said Chuck Kim, vice president & general manager of AVACO Inc. "Our success in the highly competitive markets further strengthens and broadens our offering of core competency enabling AVACO to continue to serve our customers with innovative and leading-edge technology solutions for mass production manufacturing challenges."

With a proven track record in highly competitive markets of FPD and solar thin film, AVACO offered both original design and contract manufacturing for world class production equipment throughout the years holding exceptional expertise in automation control, mass production, complex assemblies, system design, and turnkey solution. AVACO utilizes its strength to provide competitive price with high quality and reliability to a broader contract manufacturing and ODM service.

"Competition within the contract engineering and manufacturing market continues to flourish and impact the pricing pressures to push margins lower and lower," said Jimyung Wee, president & CSO of AVACO Co. LTD. "We have been a longtime developer and provider of customized mass production equipment whose sole purpose is to provide manufacturing flexibility and cost efficiency, and those companies manufacturing at the peak of efficiency will survive in the future market."

AVACO anticipates the phenomenal growth for the industrial control and factory automation market that will also require greater flexible process to meet product variations. Manufacturers must find ways to achieve manufacturing flexibility while minimizing costs. AVACOs background that encompasses high quality, reliability products, unparalleled service, and competitive prices will give the competitive edge for customer satisfaction for the CM and ODM demands.

About AVACO CO., LTD:

AVACO is a global supplier of thin-film solution that specializes in manufacturing of sputtering (PVD) equipment (in-line, cluster, and roll to roll type) and atomic layer deposition (ALD) equipment. In addition to the thin-film technology, AVACO provides full turnkey solution with various BEOL and factory automation equipment such as clean stocker, clean crane, and overhead transfer system for large-scale substrate including architectural glass. Derived from the expertise that is proven over a decade for delivering world class mass production equipment that encompasses all aspects related to thin-film coating such as TCO, metal electrode, and dielectric layer in FPD (Flat Panel Displays), PV (Photovoltaic), Low-e, and Solar control layer applications.

For more information, visit www.avaco.com/eng, contact AVACO INC at 408-519-5805 or e-mail avaco-us@avaco.com.