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NEWS RELEASE
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Contact:
Kathy
Morland, 608-791-2325, kathy.morland@isola-usa.com
For Release: Immediate
Isola
Laminate Systems
Announces
Realignment of North American Business Structure
La
Crosse, Wisconsin, September 4, 2002 – Isola Laminate Systems, a business unit
of Isola AG the world’s leading manufacturer of electronic interconnect
materials, announced plans today to realign its America’s business structure
in an effort to promote greater efficiency and flexibility.
Part of this realignment will include the relocation of the North
American headquarters from La Crosse, Wisconsin to Chandler, Arizona where Isola
has a manufacturing facility.
“The
relocation will include the construction of a new state of the art office and
technology center on the existing site,” said Michael Kowalski CEO of Isola AG
and Speaker for the Board of Directors.
Isola’s commitment to the technology driven American market will be
further enchanced by this investment and restructuring,” added Kowalski.
“This
strategic realignment will strengthen our commercial and marketing presence and
improve our cost position, while preserving flexibility to meet future market
demand.” said Denny Ford, President of Isola Laminate Systems.
“We
are using this realignment as an opportunity to integrate our headquarters
activities with a plant site.
Combining the functions at one site will aid in efforts to support our
customers through faster product development and reduced cycle times,” stated
Tarun Amla, Vice President of Operations and Technology for Isola Laminate
Systems.
Isola
manufactures the base materials for multilayer, high performance and broadband
printed circuit boards used in electronics applications including computers,
tele-communications, industrial controls, automotive and consumer applications.
Headquartered
in Düren, Germany, Isola AG currently has twelve manufacturing facilities in
Europe, the United States, and the Asia Pacific region; Sales and distribution
worldwide; and employs approximately 2,800 people.
Additional information about the company is available on the World Wide
Web at www.isola.de.
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