Penn Elcom acquires Forsight
CHINA: Penn Elcom has acquired the majority shareholding in Chinese-based 19-inch rack manufacturer Forsight. In line with Penn Elcom’s planned strategy for expansion in the region, Forsight will relocate to a newly constructed facility adjacent to Penn’s existing Asian operation in Guangdong Province, China.
The resulting 55 per cent increase in floor space will give the combined operation a total of 17,000 sq-m.
Forsight’s new production line will introduce a range of 19-inch rack cabinets for distribution throughout Asian and global markets via Penn Elcom’s existing global network of depots and distributors. This will include an imperial model geared specifically to the US and an option of threaded rack rails for the other world markets – eliminating the need for cage nuts – and simplifying the process of populating racks with equipment and panels.
‘Forsight is already an established and well respected manufacturer with a reputation for fine engineering and robust product lines,’ said Penn Elcom chair Roger Willems. ‘In addition to this experience, they will bring their extensive CNC based knowledge and substantial hardware investment to the Penn Elcom equation.’
There will be full continuity between Penn Elcom’s Chinese operation and its two manufacturing plants in the UK, whilst production capacity has also been simultaneously increased in Hastings, UK. Rack design, technical information and production planning schedules will be shared between Hastings and China, with a duplication of manufacturing processes, RoHS certification and other quality control procedures at both sites.
‘This ensures not only a continuity of availability, but also maximises global logistics, allowing us to respond immediately to demand from any location worldwide,’ explained Mr Willems, adding that this is ‘a must in today’s marketplace’.
Over a million pounds worth of investment in 2012 saw the floor space dedicated to rack manufacturing boosted to 9,000 sq-m, with a complete tooling upgrade and the addition of the latest Trumpf machinery to the existing suites.