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As in the past, outstanding business personalities in Styria were awarded the Top of Styria prize again this year. Right at the forefront of this year’s winners was AT&S CEO Andreas Gerstenmayer: He was voted in first place in the category “Production” by a panel of 300 experts, which consisted of representatives of business, science and business journalism. At the gala on 9 November in Graz he was presented with the prize, a rock from the Dachstein Mountains set in steel, by Provincial Government member Christian Buchmann and Chamber of Commerce President Josef Herk.
“It is good to be rewarded for one’s hard work and achievements, but as we know, success is not based on individual achievements. It is always the success of an entire company and that is why this award also goes to all our employees. Without their commitment, these achievements would not have been possible,“ said Gerstenmayer, pleased with the award. In the ranking of the top 100 companies AT&S was in 9th place.
Overall, the top 100 companies of Styria generated revenue of roughly 307 million euros last year, of which 65% were accounted for by Styrian industrial enterprises like AT&S. AT&S is considered the largest Austrian investor in China and has made a name for itself as a technology driver primarily through high-end products in the smartphone segment and in the automotive industry.
In order to stay in the fast lane and to secure profitable growth, AT&S continues to invest in the future, for example in the establishment of a new plant in the Chinese metropolis Chongqing. Starting in 2016, IC substrates for the computing segment will be produced in Chongqing. In the second phase, the new generation of high-tech printed circuit boards – so-called substrate-like printed circuit boards – will be launched in the middle of next year. With the establishment of the plant in Chongqing, AT&S is setting the course for continued success in the future.
Nolan Johnson, I-Connect007
In more than one conversation while discussing the industry this week, the themes have included industry turmoil, lots of business opportunities, and the urgent need to build out to meet changing demands. In fact, our July issue of PCB007 Magazine, which publishes later this month, will focus on these very topics. It’s definitely one not to be missed!
These themes also emerged in this week’s top five news items as well. Top stories include an acquisition in the soldering machinery space, sales and service expansion in Mexico, industry data from SIA on semiconductor global sales data, and strong financial numbers from two China-based manufacturers. Now, with the U.S. Congress putting its focus on the PCB industry, things could really heat up. It’s going to be an interesting year.
Dan Beaulieu, D.B. Management Group
I love books, especially good business books. In fact, I read three or four a week which I believe makes me a very discerning critic when it comes to ones with the right message. "A One-Legged Stool: How Shareholder Primacy Has Broken Business (And What We Can Do About It)" by Ed Chambliss is one that can help us in both business and life. It has the right message.
This book is so timely and extremely important now because Chambliss brings to light one of the great wrongs in the thinking of the last century, an error that has broken business for the past 50 years—the idea that we are all in business to make money for our shareholders and (and all others, employees, customers, and vendors be damned). We all know where this has gotten us.
Andy Shaughnessy, Design007 Magazine
Things are heating up in the world of PCB design and manufacturing as well. In the past week, we published quite a bit of news—some good, some not so good. Some of the news is mixed, as we see with the EMS industry shipments rising YOY in April, but falling from the previous month. It’s nice to see NASA investing in American small businesses, but they didn’t really have a choice, did they?