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Key Tronic Corporation Announces Mexico Facilities Resume Operations
SPOKANE VALLEY, Wash., April 27, 2020 (GLOBE NEWSWIRE) -- Key Tronic Corporation (Nasdaq: KTCC), a provider of electronic manufacturing services (EMS), today
About this update from Key Tronic Corporation
[{"type":"text","content":"SPOKANE VALLEY, Wash., April 27, 2020 (GLOBE NEWSWIRE) -- Key Tronic Corporation (Nasdaq: KTCC), a provider of electronic manufacturing services (EMS), today announced the Company has successfully resumed operations in its Juarez, Mexico facilities after announcing the temporary closure of these production facilities as a result of new restrictions by the Mexican government last week.\n Operations resumed today after successfully petitioning the Mexican government to recognize the essential nature of products the Company manufactures. Currently, the Company is ramping operations back up in Mexico while continuing to focus on protecting the health of all of employees by adhering to current health guidelines. About Keytronic Key Tronic is a leading contract manufacturer offering value-added design and manufacturing services from its facilities in the United States, Mexico, China and Vietnam. The Company provides its customers full engineering services, materials management, worldwide manufacturing facilities, assembly services, in-house testing, and worldwide distribution. Its customers include some of the world’s leading original equipment manufacturers. For more information about Key Tronic visit: www.keytronic.com. Some of the statements in this press release are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements include, but are not limited to, words such as aims, anticipates, believes, could, estimates, expects, hopes, intends, plans, predicts, projects, targets, or will, similar verbs and other future tense or conditional verbs, or nouns corresponding to such verbs, which may be forward looking. Forward-looking statements also include other passages that are relevant to expected future events, performances, and actions or that can only be fully evaluated by events that will occur in the future. Forward-looking statements in this release include, without limitation, the Company’s statements regarding closure of its Juarez facilities and related matters, actions by and relating to the Mexican government affecting the Company’s manufacturing facilities, its financial condition and results (including regarding third fiscal quarter of 2020 and future periods), and actions of its customers and other third parties. There are many factors, risks and uncer...