Booming Bay Area Specialty Manufacturer Expands to Asia PacificMar 21, 2012 IMG offers same precision with greater global availability
Livermore, Calif., Singapore and Suzhou, China (March 21, 2012) – Integrated Manufacturing Group, LLC (IMG), an engineering and precision machining and fabrication company, today announces it has expanded into the Asia Pacific region through a strategic alliance with Onn Wah Precision Engineering Pte Ltd, (Onn Wah), an Asia Pacific engineering and precision machining and fabrication company. IMG also announces significant local growth in its Bay Area facilities.
The new Asia Pacific joint facilities will operate under the name IMG Precision Technologies (Asia) Pte Ltd. and enable the company to manufacture and fabricate complex critical components and parts at state-of-the-art facilities in Singapore and Suzhou, China.
"We are strategically focused on servicing our global customers as they localize their supply chains. Currently, they need support in high-growth markets including China, Taiwan, South Korea and Singapore," said Kam Pasha, IMG's CEO. "We've spent years aligning with Onn Wah to ensure our partnership offers our global customers access to the same high quality engineering expertise, state-of-the-art precision equipment, machinery, and infrastructure they expect from IMG."
IMG's Bay Area growth numbers
IMG's Bay Area facilities are also looking to hire 15 new employees, including positions with its ever-growing degreed engineering staff. IMG has also recently committed more than $2 million in new equipment, including a new E-Beam Welder machine capable of holding up to 6,000 pounds of metal. This machine will enable IMG to service a growing customer base in the oil and gas, aerospace and defense and semiconductor industries. IMG is part of IMG Consortium, a $60MM business. IMG's Bay Area location is a $20 million company and expects to reach $60 MM by year 2014 through organic and acquisition growth.
"Our growth in the Bay area demonstrates our ability to achieve total cost reduction in production with highest quality results for our customers. Several U.S. OEM's, based in cities from New York to Houston, are coming to us despite having similar engineering facilities right in their own back yard," continued Pasha.