Benchmark Electronics
{{Infobox company|
| name = Benchmark Electronics, Inc.
| type = Public
| traded_as = {{nyse|BHE}}
S&P 600 component
| industry = Electronics manufacturing services
| foundation = 1979
| location = Tempe, AZ
| key_people = Jeff Benck, CEO
| revenue = {{increase}}US$2.253 billion (FY 2011){{cite web|url=http://pdf.secdatabase.com/1683/0001144204-12-011728.pdf |title=Benchmark Electronics, Form 10-K, Annual Report, Filing Date Feb 29, 2012 |publisher=secdatabase.com |accessdate =Feb 14, 2013}}
| operating_income = {{decrease}}US$841.293 million (FY 2010)
| net_income = {{decrease}}US$52 million (FY 2011)
| assets = {{increase}}US$1.5 billion (FY 2011)
| equity = {{decrease}}US$1.115 million (FY 2011)
| num_employees = 20,000 (Dec 2018)
| homepage = {{URL|www.bench.com}}
}}
Benchmark Electronics Inc is an EMS, ODM, and OEM company[http://www.bench.com/viewer/services.asp Services Overview] {{webarchive |url=https://web.archive.org/web/20110305212458/http://www.bench.com/viewer/services.asp |date=March 5, 2011 }} Benchmark Electronics Official Site based in Tempe, Arizona in the Phoenix metropolitan area.[http://www.zacks.com/mediaroom/zer_get_pdf.php?r=Z562826 Benchmark Electronics, Inc.] {{webarchive |url=https://web.archive.org/web/20110718150607/http://www.zacks.com/mediaroom/zer_get_pdf.php?r=Z562826 |date=July 18, 2011 }} zacks.com, January 14, 2010 It provides contract manufacturing services.
History
Initially a subsidiary of Intermedics, a medical implant manufacturer, Benchmark was sold to Electronic Investors Corporation in 1986.
The company made an IPO in 1990.
In 2007 Benchmark Electronics acquired Pemstar Inc, another contract manufacturer.
In December 2011, founder and chairman Cary Fu promoted Gayla Delly to CEO in December 2011.
On September 16, 2016, Benchmark named Paul J. Tufano president and chief executive officer, effective immediately. He replaced Gayla Delly, who had been with Benchmark since 1996.{{Cite web|url=http://circuitsassembly.com/ca/editorial/menu-news/26392-tufano-replaces-delly-as-ceo-at-benchmark.html|title = Circuits Assembly Online Magazine - Tufano Replaces Delly as CEO at Benchmark}}
Tufano stepped down from his position as president and CEO on March 18, 2019 and is replaced by Jeff Benck.{{Cite web|url=https://www.bench.com/setting-the-benchmark/join-benchmark-in-welcoming-our-new-president-and-ceo-jeff-benck|title=Join Benchmark in Welcoming our New President and CEO, Jeff Benck}}
Benchmark ranked as the 18th largest EMS/ODM company worldwide in the CIRCUITS ASSEMBLY Top 50 for 2019.{{Cite web|url=https://www.circuitsassembly.com/ca/editorial/menu-features/33470-ems-2019-in-review-trade-wars-batter-supply-chains-profits.html|title=Circuits Assembly Online Magazine - EMS 2019 in Review: Trade Wars Batter Supply Chains, Profits}}
In June 2020, the company announced plans to shutter its factory in Angleton, TX.{{Cite web|url=https://www.circuitsassembly.com/ca/editorial/menu-news/33672-benchmark-texas-exodus-continues-will-shutter-angleton-plant-in-2021.html|title=Circuits Assembly Online Magazine - Benchmark Texas Exodus Continues, Will Shutter Angleton Plant in 2021}}
Customers
Benchmark Electronics's customers have included Sun Microsystems, Medtronic, EMC Corporation,{{citation needed|date=March 2011}} iRobot,{{Cite web|date=5 June 2008|title=Benchmark Electronics, iRobot Ink Manufacturing Deal|url=http://www.stockselector.com/newsarticle.asp?symbol=BHE&article=109664325&adate=6/5/2008%204:29:04%20PM|publisher=FinancialWire|accessdate=31 December 2008|archive-url=https://web.archive.org/web/20110716144858/http://www.stockselector.com/newsarticle.asp?symbol=BHE&article=109664325&adate=6%2F5%2F2008%204%3A29%3A04%20PM|archive-date=16 July 2011|url-status=dead}} and Silicon Graphics.{{cite web|url=http://www.marketwatch.com/news/story/Benchmark-Electronics-Announces-Joint-Effort/story.aspx?guid=%7BF4CCD986-C2E5-4A46-98BF-50A56612A18F%7D|title=Benchmark Electronics Announces Joint Effort With Silicon Graphics and NASA|publisher=Market Watch|date=8 December 2008|accessdate=26 December 2008}}
Services
While basic computing-related products made up the majority of its earlier product lines, the company also manufactures telecommunications equipment and medical devices. Benchmark has also expanded its business into precision technologies, providing extensive precision mechanical manufacturing capabilities.{{Cite web|url=http://www.bench.com/precision-technologies|title = Precision Technologies | Benchmark}}
Production bases and facilities
Benchmark Electronics has operations in eight countries and has 24 sites.{{Cite web|url=https://www.thestar.com.my/business/business-news/2018/03/02/benchmark-sees-better-demand-from-asiapacific-market/|title=Benchmark sees better demand from Asia-Pacific market}}
The company has production bases in Almelo, Netherlands; Angleton, TX; Bangkok, Thailand; Brasov, Romania; Guadalajara, Mexico; Tempe, Arizona; Tijuana, Mexico; Huntsville, AL; Penang, Malaysia;[http://www.bench.com/viewer/worldwide_site_PenangMalaysia.asp Worldwide Locations > Asia > Penang, Malaysia] {{webarchive |url=https://web.archive.org/web/20110223181326/http://www.bench.com/viewer/worldwide_site_PenangMalaysia.asp |date=February 23, 2011 }} Benchmark Electronics Official Site Nashua, NH;[http://www.bench.com/viewer/worldwide_site_NashuaNewHampshire.asp Worldwide Locations > The Americas > New Hampshire] {{webarchive |url=https://web.archive.org/web/20110707223056/http://www.bench.com/viewer/worldwide_site_NashuaNewHampshire.asp |date=July 7, 2011 }} Benchmark Electronics Official Site Singapore; Suzhou, China.;[http://www.bench.com/viewer/worldwide.asp Worldwide Locations] {{webarchive |url=https://web.archive.org/web/20111211162943/http://www.bench.com/viewer/worldwide.asp |date=December 11, 2011 }} Benchmark Electronics Official Site and Winona & Rochester, MN.
References
{{Reflist|2}}
External links
{{Portal|Texas|Companies}}
- [http://www.bench.com Official website]
{{Finance links
| name = Benchmark Electronics
| symbol = BHE
| sec_cik = BHE
| yahoo = BHE
| google = BHE
}}
{{Authority control}}
Category:Companies listed on the New York Stock Exchange