NOTE signs agreement with Norwegian Radiocrafts AS
The deal has been signed by Norteam Electronics, which NOTE acquired in December 2008. Industrialisation, prototyping and low-volume production will take place at Norteam in Oslo. High-volume production will be located at NOTE's Industrial Plants in cost-efficient countries.
“The reason we chose NOTE as our supplier is proximity and flexibility. The first phases of the work will be done in close collaboration with us, which is both time- and cost-efficient. Volume production will then be located where it is most favourable for us,” comments Radiocraft's CEO Peder Martin Ejven.
”This is another good example of our Nearsourcing strategy working. It is based on three main areas - establishing Nearsourcing Centres close to customers, controlling costs during the product life cycle, and cost-effective manufacturing located where it is optimal for the customer. Customers are offered great choice, so that the manufacture of their products at all stages is located where it suits the customer best,” says Knut Pogost, President and CEO of NOTE.