-
- News
- Books
Featured Books
- pcb007 Magazine
Latest Issues
Current IssueEngineering Economics
The real cost to manufacture a PCB encompasses everything that goes into making the product: the materials and other value-added supplies, machine and personnel costs, and most importantly, your quality. A hard look at real costs seems wholly appropriate.
Alternate Metallization Processes
Traditional electroless copper and electroless copper immersion gold have been primary PCB plating methods for decades. But alternative plating metals and processes have been introduced over the past few years as miniaturization and advanced packaging continue to develop.
Technology Roadmaps
In this issue of PCB007 Magazine, we discuss technology roadmaps and what they mean for our businesses, providing context to the all-important question: What is my company’s technology roadmap?
- Articles
- Columns
Search Console
- Links
- Media kit
||| MENU - pcb007 Magazine
Rogers Announces Further Actions to Streamline Operations and Drive Margin Improvement
June 7, 2024 | Rogers CorporationEstimated reading time: Less than a minute
Rogers Corporation announced plans to drive further operational efficiency and margin improvement. Rogers intends to wind down manufacturing of advanced circuit materials and other related activities at its Evergem, Belgium factory by mid-2025. Rogers will continue to support its advanced circuit materials customers through its existing footprint in China and the United States.
These actions are expected to improve operating profit between $7 to $9 million annually, once fully implemented. To achieve these savings the Company expects to incur total charges in the range of $18 to $28 million, comprised of employee severance and related shutdown expenses.
“Providing high levels of support to our customers, in the regions they operate, is at the core of our global operations footprint strategy,” said Colin Gouveia, Rogers' President and CEO. “As customer demand for our high frequency circuit materials continues to shift to other regions, we are adjusting our manufacturing operations in response. These intended actions will improve customer service levels, drive higher factory utilization rates, lower future costs, and increase margins. We are committed to treating all affected employees fairly and respectfully.”
Suggested Items
Rogers Appoints Laura Russell as Chief Financial Officer
12/11/2024 | Rogers CorporationRogers Corporation announced that Laura Russell has been appointed to serve as the Company’s new Senior Vice President, Chief Financial Officer and Treasurer effective December 10.
Rogers Announces Departure of Chief Financial Officer
08/13/2024 | Rogers CorporationRogers Corporation announced that Ram Mayampurath has resigned as Chief Financial Officer (CFO) to pursue another opportunity. Mayampurath will remain with Rogers through September 2024 to ensure an orderly transition.
Rogers Corporation Releases 2024 Environmental, Social and Governance Report
07/02/2024 | Rogers CorporationRogers Corporation announced the release of its 2024 Environmental, Social and Governance Report (ESG) Report.
Rogers Expands Capabilities and Services With New Application Laboratory
06/12/2024 | Rogers CorporationRogers Corporation announced that the new application laboratory was completed, expanding the company's assembly, testing and inspection capabilities and services at the curamik® production site in Eschenbach.
Rogers Corporation Announces New Factory in Monterrey, Mexico
02/22/2024 | Rogers CorporationRogers Corporation announced that it has signed a lease on a factory in Monterrey, Mexico for advanced busbar manufacturing and engineering services.