Molex People Safe and Operations Undamaged by Japanese Earthquake
14 März 2011 - 3:08PM
Business Wire
Molex Incorporated (NASDAQ: MOLX) (NASDAQ: MOLXA), a global
electronic components company, today reported its employees in
Japan were safe and that none of its three facilities were damaged
in the massive earthquake that struck Japan on March 11, 2011.
Molex has major operations in Shizouka, Kagoshima and Yamato City,
none of which are in the northeastern part of the country that was
hardest hit by the earthquake and tsunami.
“Our first priority has been to make certain that our people
were safe,” said Martin P. Slark, Vice Chairman and Chief Executive
Officer, Molex Incorporated. “None of our manufacturing operations
were damaged and are operating normally today. However, we know
that some of our customers and suppliers were not as fortunate and
our thoughts are with them and all of the people of Japan as they
deal with one of the worst disasters in Japan’s history.
With the situation also evolving rapidly in regard to
transportation and infrastructure issues, we do not yet know what
the effect will be on Molex’s business. As we work to assess how
this will affect Molex, our business continuity teams are working
to ensure we continue to supply customers.”
Molex Incorporated is a 72-year-old global manufacturer of
electronic, electrical and fiber optic interconnection systems.
Based in Lisle, Illinois, USA, the Company operates 39
manufacturing locations in 16 countries. The Molex website is
www.molex.com.
Editor’s note: Molex is traded on the NASDAQ Global Select
Market (MOLX and MOLXA) in the United States and on the London
Stock Exchange. The Company’s voting common stock (MOLX) is
included in the S&P 500 Index.
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