MW Industries, Inc. Completes Manufacturing Agreement For China

Logansport, IN, February 28, 2006: MW Industries, Inc., of Logansport, IN (MWI) has signed a Manufacturing Agreement with Connor Manufacturing Services of Redwood City, CA. Under the terms of this Agreement, MWI will source precision stampings and tooling from Connor’s Suzhou, China, facility. In turn, MWI will supply precision engineered springs and other components to Connor. Both companies anticipate that this agreement will help them to better serve current customers in China and will accelerate expansion throughout Asia.
 
D.R. Sebastian, President and CEO of MW Industries, commented on this unique manufacturing partnership. “This is a great opportunity for two companies with complementary products and capabilities to work together and better compete in China. Connor is a recognized market leader in manufacturing complex stampings for the electronics industry. I am especially excited about leveraging their expertise in precision stampings in serving MWI’s customers in the Asian market”.
 
Robert Sloss, President and Chairman of the Board of Connor Manufacturing Services further stated, “We are very excited about the opportunity to work with MWI, a premier manufacturer of springs, fasteners and electronic hardware. This agreement enables us to offer our customers a wider range of products, and can’t help but give us a stronger presence in the Asian market.”
 
Founded in 1913, Connor Manufacturing Services (www.connorms.com) is a world leader in stampings, wire forms and springs for the electronic, semiconductor and heavy truck industries. Headquartered in Redwood City, CA, Connor Manufacturing Services maintains ISO-certified production facilities in Portland, OR, Mexico, Singapore and China.
 
MW Industries, Inc, (www.mw-ind.com) is a manufacturer of springs, stampings and fasteners. Started 80 years ago as a single company, MWI today operates 13 facilities and employs over 900 people. MWI serves the global transportation, construction, agricultural, electronic, energy, medical, power tool, and industrial machinery industries, with precision engineered custom parts and off-the shelf catalog components.
 
For further information, contact Paul Stupinski at MW Industries, 574-722-9308.