Eltek Ltd., Israeli manufacturer of advanced circuitry solutions, announced that a fire occurred at its production facility in Petach-Tikva on Friday, February 28, 2003. The fire, which began as a result of a malfunctioning heat bath thermostat on its immersion gold plating line, took place during the early morning hours, and no injuries were reported.
While the line was rendered inoperable as a result of the fire, the Company is fully insured for damages and has already begun repairing the line to get it operational on an interim basis. Additionally, the Company is proceeding with plans for a new line to replace the one damaged in the fire.
It is expected that the temporary line will be running within several weeks, and the new line will be operational in several months. Until its temporary line is operational, the Company has engaged several subcontractors in Israel and Europe to perform the immersion gold plating process. In addition, the Company noted that it is insured for any potential loss of income that should arise as a result of this incident.
Eltek is one of Israel's leading manufacturers of printed circuit boards, the core circuitry of most electronic devices. It specializes in the complex high-end of PCB manufacturing, i.e., HDI, multi-layered and flex-rigid boards. Eltek's technologically advanced circuitry solutions are used in today's increasingly sophisticated and compact electronic products. The Company has invested heavily in upgrading its production facilities over the past five years. — (menareport.com)
© 2003 Mena Report (www.menareport.com)
