Solectron

Provides electronics manufacturing and supply-chain services.

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Headquarters:
847 Gibraltar Drive
Milpitas, CA 95035
Employees: 57,000
CEO: Michael Cannon
Stock Symbol: SLR

Website: http://www.solectron.com

Career Site

Solectron is a leading global provider of electronics manufacturing and integrated supply chain services. Technology companies outsource their manufacturing to Solectron to save costs and focus on sales and marketing.

The company assists in product design, manufacturing, repair and fulfillment with a strong focus on quality utilizing the Six Sigma process. Solectron has a manufacturing presence in North America, Asia and Europe.

In addition to electronics companies, Solectron is active in the automotive, communications, computing, industrial and medical industries.

In fiscal 2004, Solectron had sales of $11.64 billion and a loss of $168.9 million.

The company has 57,000 employees, including 15,000 who are temporary.

History

In 1977, solar power was booming. Solectron founder Roy Kusomoto saw an immediate opportunity to capitalize on this growth by manufacturing solar energy products. (Hence, the Solectron name: a combination of "solar" and "electronics.") From the very beginning, the focus on quality pervaded every aspect of our business ­ largely thanks to the pioneering efforts of Winston Chen, Ph.D., one of the early Solectron innovators, and a recognized crusader for manufacturing excellence.

Solectron first designed and distributed an electronic controller for solar energy equipment, it wasn't long before the company uncovered another potentially larger opportunity emerging among the growing circle of electronics companies in California's burgeoning Silicon Valley. It was the need to provide printed circuit board assembly (PCBA) services ­ handling the manufacturing overflow from original equipment manufacturers (OEMs).

The company grew quickly in the 1990s as technology firms looked to outsource their manufacturing functions to stay competitive and cut costs.

Benefits

PAID TIME OFF
- paid holidays
- vacation accrual plan, based on service
- sick leave plan
SAVINGS & SECURITY PLANS
- 401(k) savings plan with company matching contribution
- employee stock purchase plan with discounted purchase price
- credit union
- short-term disability insurance
- long-term disability plan
MEDICAL COVERAGE
- medical insurance: local and national plans
- prescription drug plan with mail order benefit
- dental insurance: local and national plans
- vision care: eye exam, lenses and frames
LIFE INSURANCE PROTECTION
- business travel accident insurance
- life insurance
- AD&D
- supplemental life insurance
ADDITIONAL PROGRAMS FOR EMPLOYEES
- employee assistance program (EAP)
- dependent care spending account
- flexible hours

Updated August 20, 2005

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