Elektrobit Group Oyj - JOT AUTOMATION GROUP STARTED A SUBISIDIARY IN MEXICO
September 15, 2000
JOT AUTOMATION GROUP STARTED A SUBISIDIARY IN MEXICO
JOT Automation Inc., a member of JOT Automation Group, has started a subsidiary in Mexico. The new company is called JOT Automation, S.A. de C.V. The subsidiary will sell and market products and turnkey solutions produced by JOT Automation Group Plc and provide after sales services in Mexico.
'The decision to start JOT Automation, S.A. de C.V. strengthens JOT's global operation fundaments. In Mexico the electronics industry has a prominent role and is growing fast. A number of the world's largest electronics companies and electronics manufacturing service providers have production facilities in the country. Local operation close to our growing customers guarantees them rapid production automation deliveries as well as fast and reliable after sales services', says JOT Automation Group CEO Jorma Terentjeff.
JOT Automation Group specializes in manufacturing and marketing production automation for the electronics industry. The group has subsidiaries, partners and representatives in 13 countries. On June 30, 2000 the group employed 747 people and its net sales from January 1 to June 30, 2000 came to 75.7 million euros. The company's shares are listed on the Helsinki Exchanges.
Oulunsalo, September 15, 2000
JOT Automation Group Plc
The Board of Directors
Jorma Terentjeff
President, CEO
