Viasystems Announces Temporary Production Cessation at Its Zhongshan Factory
Announced today that on Sunday June 6, its Zhongshan PRC factory suffered a fire incident in an electrical distribution hub, causing a cessation of production activities for a period yet to be determined. No personnel were harmed and no production equipment was lost in the incident.Viasystems' Zhongshan factory is one of its seven PRC factories, and one of ten global factories operated by the company. Viasystems is working with local government, fire and safety officials and electrical power officials to investigate the incident and to re-establish power supply to its operations as soon as practicable. Viasystems is unable to estimate any potential costs of the incident at this time, but believes the company has adequate insurance coverage in place.
About Viasystems
Viasystems Group, Inc. is a technology leader and a worldwide provider of complex multi-layer, printed circuit boards (PCBs) and electro-mechanical solutions (E-M Solutions). Its PCBs serve as the "electronic backbone" of electronic equipment, and its E-M Solutions products and services integrate PCBs and other components into electronic equipment, including metal enclosures, cabinets, racks and sub-racks, backplanes, cable assemblies and busbars. Viasystems' 13,000 employees around the world serve more than 800 customers in the automotive, industrial and instrumentation, telecom, computer/datacom and military/aerospace markets. For additional information about Viasystems, please visit the Company's website at www.viasystems.com .
