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Benchmark Electronics

Topic: Company

 From HandWiki - Reading time: 3 min
Benchmark Electronics, Inc.
TypePublic
NYSE: BHE
S&P 600 component
IndustryElectronics manufacturing services
Founded1979
HeadquartersTempe, AZ
Key people
Jeff Benck, CEO
RevenueIncreaseUS$2.253 billion (FY 2011)[1]
DecreaseUS$841.293 million (FY 2010)[1]
DecreaseUS$52 million (FY 2011)[1]
Total assetsIncreaseUS$1.5 billion (FY 2011)[1]
Total equityDecreaseUS$1.115 million (FY 2011)[1]
Number of employees
20,000 (Dec 2018)[1]
Websitewww.bench.com

Benchmark Electronics Inc is an EMS, ODM, and OEM company[2] based in Tempe, Arizona in the Phoenix metropolitan area.[3] It provides contract manufacturing services.

History

Initially a subsidiary of Intermedics, a medical implant manufacturer, Benchmark was sold to Electronic Investors Corporation in 1986.[3]

The company made an IPO in 1990.[3]

In 2007 Benchmark Electronics acquired Pemstar Inc, another contract manufacturer.[3]

In December 2011, founder and chairman Cary Fu promoted Gayla Delly to CEO in December 2011.

On September 16, 2016, Benchmark named Paul J. Tufano president and chief executive officer, effective immediately. He replaced Gayla Delly, who had been with Benchmark since 1996.[4]

Tufano stepped down from his position as president and CEO on March 18, 2019 and is replaced by Jeff Benck.[5]

Benchmark ranked as the 18th largest EMS/ODM company worldwide in the CIRCUITS ASSEMBLY Top 50 for 2019.[6]

In June 2020, the company announced plans to shutter its factory in Angleton, TX.[7]

Customers

Benchmark Electronics's customers have included Sun Microsystems, Medtronic, EMC Corporation,[citation needed] iRobot,[8] and Silicon Graphics.[9]

Services

While basic computing-related products made up the majority of its earlier product lines, the company also manufactures telecommunications equipment and medical devices.[3] Benchmark has also expanded its business into precision technologies, providing extensive precision mechanical manufacturing capabilities.[10]

Production bases and facilities

Benchmark Electronics has operations in eight countries and has 24 sites.[11]

The company has production bases in Almelo, Netherlands;[12] Angleton, TX;[12] Bangkok, Thailand;[12] Brasov, Romania;[12] Guadalajara, Mexico;[12] Tempe, Arizona;[12] Tijuana, Mexico; Huntsville, AL;[12] Penang, Malaysia;[13] Nashua, NH;[14] Singapore;[12] Suzhou, China.;[12] and Winona & Rochester, MN.[12]

References

  1. ↑ 1.0 1.1 1.2 1.3 1.4 1.5 "Benchmark Electronics, Form 10-K, Annual Report, Filing Date Feb 29, 2012". secdatabase.com. http://pdf.secdatabase.com/1683/0001144204-12-011728.pdf. Retrieved Feb 14, 2013. 
  2. ↑ Services Overview Benchmark Electronics Official Site
  3. ↑ 3.0 3.1 3.2 3.3 3.4 Benchmark Electronics, Inc. zacks.com, January 14, 2010
  4. ↑ "Circuits Assembly Online Magazine - Tufano Replaces Delly as CEO at Benchmark". http://circuitsassembly.com/ca/editorial/menu-news/26392-tufano-replaces-delly-as-ceo-at-benchmark.html. 
  5. ↑ "Join Benchmark in Welcoming our New President and CEO, Jeff Benck". https://www.bench.com/setting-the-benchmark/join-benchmark-in-welcoming-our-new-president-and-ceo-jeff-benck. 
  6. ↑ "Circuits Assembly Online Magazine - EMS 2019 in Review: Trade Wars Batter Supply Chains, Profits". https://www.circuitsassembly.com/ca/editorial/menu-features/33470-ems-2019-in-review-trade-wars-batter-supply-chains-profits.html. 
  7. ↑ "Circuits Assembly Online Magazine - Benchmark Texas Exodus Continues, Will Shutter Angleton Plant in 2021". https://www.circuitsassembly.com/ca/editorial/menu-news/33672-benchmark-texas-exodus-continues-will-shutter-angleton-plant-in-2021.html. 
  8. ↑ "Benchmark Electronics, iRobot Ink Manufacturing Deal". FinancialWire. 5 June 2008. http://www.stockselector.com/newsarticle.asp?symbol=BHE&article=109664325&adate=6/5/2008%204:29:04%20PM. Retrieved 31 December 2008. 
  9. ↑ "Benchmark Electronics Announces Joint Effort With Silicon Graphics and NASA". Market Watch. 8 December 2008. http://www.marketwatch.com/news/story/Benchmark-Electronics-Announces-Joint-Effort/story.aspx?guid=%7BF4CCD986-C2E5-4A46-98BF-50A56612A18F%7D. Retrieved 26 December 2008. 
  10. ↑ "Precision Technologies | Benchmark". http://www.bench.com/precision-technologies. 
  11. ↑ "Benchmark sees better demand from Asia-Pacific market". https://www.thestar.com.my/business/business-news/2018/03/02/benchmark-sees-better-demand-from-asiapacific-market/. 
  12. ↑ 12.0 12.1 12.2 12.3 12.4 12.5 12.6 12.7 12.8 12.9 Worldwide Locations Benchmark Electronics Official Site
  13. ↑ Worldwide Locations > Asia > Penang, Malaysia Benchmark Electronics Official Site
  14. ↑ Worldwide Locations > The Americas > New Hampshire Benchmark Electronics Official Site

External links



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