The Buffalo facility is close
to Johnson Matthey Advanced Circuits Inc.'s existing multilayer
printed circuit board operations in the Minneapolis area which
are operating at close to full capacity. They were acquired by
the company in September 1995 and have since grown by some 20%
per annum. The business is a leading supplier to companies in
the mobile telecommunications, high end computer and semiconductor
industries and is one of four groups that make up Johnson Matthey's
rapidly growing Electronic Materials Division.
Commenting on the acquisition,
Dr Michael Cleare, Managing Director of the Electronic Materials
Division, said:
"The Universal Circuits Inc.
facility that we are acquiring is only two years old and can
be rapidly adapted to supply the high tech products demanded
by our customers. Some additional capacity will be on stream
and meeting our customers' requirements in 3 months, at least
a year ahead of what could be achieved by starting from scratch"
