|Benchmark Electronics, Inc.||(NY: BHE)|
Official Closing Price / Updated: /
Based in Angleton, Texas, Benchmark Electronics, Inc. (BHE) provides electronics manufacturing services (EMS) on a turnkey basis. The company offers customized and complete solutions ranging from initial designing to assembling, manufacturing, testing, distribution and volume production. It specializes in engineering services, including product design, printed circuit board layout, prototyping, and test development. Benchmark is an outsourcing services provider for original equipment manufacturers (OEMs) in the following sectors: Computing (58% of 2006 revenue), Medical Devices (13%), Telecommunication Equipment (12%), Industrial Control Equipment (11%), and Test & Instrumentation (6%). For fiscal 2006, Benchmark derived almost 67% of its revenue from the Americas, 9% from Europe, and the remaining 24% from Asia. Benchmark is expanding its manufacturing base into low-cost regions such as Latin America, South America, and Southeast Asia to reduce costs. Benchmark significantly increased in size with its 2007 acquisition of Pemstar to 25 facilities in 10 countries.
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