Lightspeed Mfg., Marks First Year Anniversary; Business Increasing

Lightspeed Manufacturing has marked its first anniversary in business, and is seeing a rapid increase in orders in recent months, after surviving the crippling downturn in U.S. electronics manufacturing that began in early 2001.

Methuen, MA (PRWEB) September 23, 2004 -- Lightspeed Manufacturing has marked its first anniversary in business, and is seeing a rapid increase in orders in recent months, after surviving the crippling downturn in U.S. electronics manufacturing that began in early 2001. Founded by electronics manufacturing industry veteran and BGA specialist Rich Breault, whose previous enterprise NETCO Automation was known for its expertise in BGA services and prototype development, Lightspeed has noted an upswing in activity and an increase in orders, a sign that some health is returning to the U.S. electronics packaging and assembly market.
   
“There’s no question that business is improving, and this is due to a variety of factors. We’re getting a lot of work in smaller, more technically complex lots, work of domestic origins that is not economically feasible to outsource to the Far East,” Breault says. “We’ve also survived and grown by adding more services and capabilities, having more to offer across a wider range of disciplines” he adds. “We’re doing box build, doing a lot of work with ECO’s (engineering change orders), and more. We specialize in building prototypes, and we’re seeing rapid growth in demand for this service. Since we’ve added manufacturing capacity, we now offer low to medium volume assembly as well.”

During the electronics industry’s economic downturn, Breault paid cash for new and even unused top of the line technology and equipment at auctions, etc. to furnish Lightspeed and provide the best workstations available, including soldering, reballing, X-ray inspection, reflow soldering, etc. at a fraction of their original cost. “We bought only the best” Breault says, technology that includes a Nicolet X-ray inspection system, Philips placement machines, and SRT rework machines. More equipment has been added in recent months to extend the range of Lightspeed’s capabilities. With the company carrying no debt, Breault feels poised to expand as new business pours in.

“We offer quick-turn BGA services including rework, reballing, inspection, ECO’s and upgrades, for BGA, CGA, µBGA, and other similar component types, and a more. We’re keeping up with advancing trends in technology, and moving heavily into services such as mechanical product assembly. We can offer our customers the responsiveness and flexibility of a small company with the wealth of experience and advanced technology rarely found in a ‘new’ company. From advanced X-ray and to dedicated customer work cells, custom test stations, ovens, and more, we’ll be continually investing in advanced technology resources to better serve our customers as we grow.”

For more information, contact Rich Breault, President, Lightspeed Mfg. Inc., 268 Hampstead Street, Methuen, Massachusetts 01844 USA, Tel. (978) 687-7676, Fax (978) 687-7636; Web Site: www.lightspeedmfg.com.

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Source :  http://www.prweb.com/releases/2004/9/prweb160541.htm