Merix Corporation
Parent TTM Technologies | | |
Divisions | Merix San Jose Merix Asia Merix Oregon | |
---|---|---|
Footnotes / references Financial data[1] |
Merix Corporation was an American printed circuit board (PCB) manufacturer based in Beaverton, Oregon.[2] Prior to a merger in 2010 with Viasystems, the company had been the 31st largest public company in Oregon based on market capitalization as of 2006.[3][4] The company is now part of TTM Technologies.
History
Merix Corporation was started in 1994 as a spin-off from
In December 2004, the company bought Data Circuit Systems and named the unit Merix
For the 2006 fiscal year they had revenues of $309 million and a profit of $1.4 million.[8] In January 2008, Merix announced the closing of their Wood Village, Oregon, factory they opened in 2004.[11] The company laid off 180 people company-wide as part of a restructuring plan at that time.[11] Another 230 people were laid off in early 2009,[12] and the company then lost $8.4 million on nearly $60 million in revenues in the quarter that ended in May 2009.[13]
Also in 2009, the company expanded its military and
Operations
The company's main domestic production facility was located in
Merix produced printed circuit boards used in various electronic equipment worldwide. This was primarily multi-layered rigid PCBs used in the
References
- ^ "2009 Annual Report" (PDF). Merix. July 30, 2009. Archived from the original (PDF) on July 14, 2011. Retrieved 5 January 2010.
- Portland Business Journal. Retrieved on March 25, 2008.
- ^ "The Oregonian Top 50". OregonLive.com. July 2, 2006.
- ^ Merix North America. Merix. Retrieved on May 14, 2008.
- ^ "Tektronix In a Spinoff", The New York Times, April 4, 1994.
- ^ Company News; Tektronix, posting a loss, plans 10% cut in work force. The New York Times, September 17, 1998.
- ^ 1997 BEST Winners. City of Portland, Oregon. Retrieved on March 25, 2008.
- ^ a b c d Merix Corporation 2006 Annual Report. Securities and Exchange Commission. Retrieved on March 25, 2008.
- ^ Merix Corporation - Company Profile Snapshot. Archived 2007-09-26 at the Wayback Machine Wright Reports. Retrieved on March 25, 2008.
- Portland Business Journal, February 19, 2007.
- ^ a b Trevison, Catherine. Merix to lay off 180, close plant. The Oregonian, January 10, 2008.
- ^ "Merix lays off 230". Portland Business Journal. February 6, 2009. Retrieved 2009-10-09.
- ^ "Merix reports $8.4 million loss". Portland Business Journal. July 13, 2009. Retrieved 2009-10-09.
- ^ a b Siemers, Erik (June 26, 2009). "Merix gains a foothold in aerospace market". Portland Business Journal. Retrieved 2009-10-09.
- ^ Hunsberger, Brent (October 6, 2009). "Oregon's Merix merging with circuit-board maker Viasystems". The Oregonian. Retrieved 2009-10-07.
- ^ Rogoway, Mike (January 4, 2009). "Merix posts first profit in nearly three years". The Oregonian. Retrieved 5 January 2010.
- ^ Rogoway, Mike (February 16, 2010). "Viasystems completes Merix purchase". The Oregonian. Retrieved 17 February 2010.
- ^ Mueller, Angela (2014-09-22). "TTM Technologies acquiring Viasystems Group". www.bizjournals.com. Retrieved 2022-07-11.
- ^ "Form 10-K". www.sec.gov. Retrieved 2022-07-11.
- ^ a b c d Christensen, Nick (October 9, 2009). "Merix to merge". The Hillsboro Argus. p. A1. Retrieved 2009-10-09.
- ^ Company profile for MERX. Reuters. Retrieved on March 25, 2008.
External links
- New Merix CEO gets his orders - Portland Business Journal
- Spiraling Merix records another bleak quarter - Portland Business Journal