Business Enquirer Issue 123 | VEXOS | March 2024

INCREASING BUSINESS DEMANDS DRIVE GROWTH OF EMS COMPANIES

INCREASING BUSINESS DEMANDS DRIVE GROWTH OF EMS COMPANIES

Vexos, an innovative electronics manufacturing (EMS) and custom material solutions (CMS) provider, announces the company's expansion of its footprint from coast-to-coast in North America complementing its existing presence in Asia (Vietnam and China). The last few months highlight the continuing success of Vexos’ growth strategies and vision through the acquisition of ControlTek in Vancouver, WA, USA, and the launch of a greenfield site in Juarez, Mexico.

Scheduled for an early Q2 2024 launch, the newly announced 40,000 sq. ft. facility in Juarez, Mexico, is strategically positioned to support increasing customer demand for Vexos services and further enhances the company’s ability to serve clients globally.

Vexos Juarez will mirror the advanced equipment and capabilities of the Vexos Markham, Canada location, and align with Vexos’ award-winning global commitment to quality and excellence. From PCBA manufacturing and testing to box build assembly, Vexos Juarez will

replicate the high standards set by the existing Vexos manufacturing locations, offering EMS manufacturing, and engineering solutions for medical, security, smart grid, power, communications, automotive industries.

“The addition of the Juarez site represents a significant investment, but brings with it a new set of customers, enhances our global footprint and expands our world class service offerings” shared Vexos CEO, Paul Jona.

The announcement of the greenfield site in Juarez follows closely after the acquisition of ControlTek in September 2023. Located in Vancouver, Washington, Vexos | ControlTek adds a world-class west-coast manufacturing facility to the Vexos portfolio and opens doors to new markets.

“Acquiring ControlTek further augments the market potential of the aerospace and defense sectors for the business,” said Paul, “by combining the expertise, experience, and resources of both Vexos and ControlTek, we can deliver unparalleled excellence and innovation in the EMS space.

Vexos | ControlTek provides traditional EMS offerings such as PCBA to Full Box Build capabilities, Quick Turn, NPI and Production Capabilities along with electronic design engineering. As a ITAR, AS9100 certified and FDA registered facility, it will provide greater presence in the aerospace, defense, and medical markets.

Competitive Edge

In business for over 30 years, Vexos is a full service, high-mix, high complexity, mid to low volume EMS and CMS provider, offering complete end-to-end supply chain management solutions in electronic and mechanical products for OEMs.

Serving over 300 OEMs across the globe, Vexos services extend over the entire product life cycle, from Value Engineering (DFX) Services for product development

to Rapid Prototyping and sustained production.

“When you partner with Vexos, you will receive the benefits of our experience when launching new products by leveraging our learned best practices, knowledgeable resources and unique global footprint”, Paul continued, highlighting Vexos’ proven New Product Introduction (NPI) process.

Achieving an annual turnover of around $250 million, Vexos is committed to customer service satisfaction.

“Our value proposition includes DFX, Supply Chain support, NPI, CMS and our global footprint. We support our customers in optimising their time to market (Right First Time), whilst allowing them to focus on their own technology and marketing. This edge has helped us to form mutually beneficial, and successful long term relationships with loyal customers,” said Paul.

In addition, Paul has instilled a value-add of high-level executive engagement, interacting regularly with Vexos customers. Having spent 42 years in electronics manufacturing, working for leading technology organizations such as DuPont, Amphenol, CoActive Technologies, Cobham, and Pulse, he has forged a proven track record in achieving customer satisfaction.

With an MBA from the American Graduate School of International Management, a BA in Business Administration from the University of Puget Sound, WA and a graduate of the Nijenrode Netherlands School of Business, Paul is known for developing and executing strategies which result in strong revenue growth and profitability enhancement.

Vexos has been honoured with Circuits Assembly Service Excellence Awards (SEA) over the past 4 years in various categories such as Flexibility, Overall Satisfaction, Technology, Manufacturing Quality, Dependability, and Timely Delivery.

The Circuits Assembly SEA evaluates companies based on independent customer assessments. The awards that Vexos has won serves as a testament to the company’s commitment to continuous improvement, customer satisfaction and its stated goal to be considered best in class.

Great People, Great Work

As well as understanding the importance of close communication with customers, Paul values the same with his employees. In addition, he considers decentralisation and autonomy integral to the fast-acting nature of the business.

“We need to be able to act quickly for clients, and so our teams across the world need the authority to be able to do that. This is another reason why improving and developing our proximity to clients is key to our success”, he said.

As a testament to its employees, in May 2023, the Vexos’ Vietnam facility received the “Great People, Great Work” award. This award recognises companies in Ho Chi Minh City based on quantitative criteria with a particular focus on morals and ethics in business and acknowledges Vexos’ team’s outstanding accomplishments, innovative solutions, and remarkable impact on the local community.

“This award serves as a powerful reminder that by fostering a culture of excellence and collaboration, we can create lasting positive change and make a difference in our community,” said Paul, “We are immensely proud to have been recognised for our unwavering commitment to delivering exceptional work and making a positive difference”.

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