News
News
Raymarine Hooks 5-Year Deal with Flextronics
Published: 12 August 2005
by Staff
Singapore - Contract manufacturer Flextronics and marine electronics maker Raymarine Plc. entered into an outsourcing relationship in which Flextronics will provide manufacturing services for Raymarine at a facility in Hungary.
The deal is worth about $500 million over five years, Flextronics said. The EMS company will not assume any Raymarine buildings or assets, and no employees will be transferred.
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