HUNTSVILLE, AL--(Marketwired - November 03, 2016) -
- Will benefit customers through greater innovation, shorter lead-times
- Brings improved synergy, efficiency
Abaco Systems today announced that the ground-breaking ceremony for the expansion of its UK headquarters took place earlier this week.
The expansion will see Abaco's existing manufacturing facility relocate from Milton Keynes to the Towcester, Northamptonshire site -- a distance of some 12 miles -- bringing with it almost 100 employees. The new facility will complement the manufacturing capability already present in Towcester. When the move is complete, Abaco will have some 350 people on its UK site -- around 40 of whom have been recruited in the past 12 months -- which will grow from 75,000 square feet to over 100,000 square feet.
Planning permission from the local authority was given in September, and work will start immediately. It is expected that the project will complete my mid-July, 2017.
"We have been planning this move for some time," said Andy MacCaig, CIO and UK managing director, Abaco. "It will allow us to serve our customers better by substantially improving our efficiency -- eliminating transit time, for example -- and will create new synergies between our design/development teams and our manufacturing teams that will lead to better communication and real opportunities to innovate. The net result will be the ability to deliver even better products to our customers more quickly. Those benefits will also be felt by the customers to whom we provide contract manufacturing services."
Earlier in the year, Abaco invested significantly in state-of-the-art equipment for the Milton Keynes site, and this will be relocated to the new site.
"Over the past year, we have grown from 600 people to over 800 people worldwide as we look to put in place the resources and capacity to handle an increasing number of customer programs -- and this consolidation and expansion of our manufacturing capability will further support that goal," said Bernie Anger, CEO, Abaco Systems. "Our customers will benefit from this because it will improve our ability to create the innovative solutions they need, while allowing us to deliver on even shorter lead-times."
About Abaco Systems
Abaco Systems is a global leader in open architecture computing and electronic systems for aerospace, defense and industrial applications. Spun out of General Electric in 2015, we deliver and support open modular solutions developed to upgrade and enhance the growing data, analytics, communications and sensor processing capabilities of our target applications. This, together with our 700+ professionals' unwavering focus on our customers' success, reduces program cost and risk, allows technology insertion with affordable readiness and enables platforms to successfully reach deployment sooner and with a lower total cost of ownership. With an active presence in a significant number of national asset platforms on land, sea and in the air, Abaco Systems is trusted where it matters most. www.abaco.com
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