Amtek: Plans to double its capacity in Shanghai in 2 yrs, to ramp up for growth from global car makers and China will continue to make up about half of the co’s rev. Amtek’s business now involves the higher-margin mechanical assembly of accessories such as seat belts, casings for printers and CPU for computers extending from merely producing lower-margin individual parts...
It focuses on outsourced jobs from multinationals such as Sony and Philips. Offer for Amtek IPO closes today and stock trades on Wednesday, known institutional investors are Fidelity and The Capital Group.
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