Probe Manufacturing (PMFI)

Description:

Probe Manufacturing, Inc. was incorporated on July 7, 1995. On April 21, 2005, the Company was re-domiciled from California to Nevada, and changed its name to Probe Manufacturing, Inc. It provides design and manufacturing services to original electronic equipment manufacturers (OEM) from its 23000 sq-ft facility in Irvine, California and Trident Manufacturing's 16,000 sq-ft facility in Salt Lake City, Utah, which it subsequently acquired in the first quarter of 2013. Its revenue is generated from sales of the services primarily to customers in the medical device, aerospace/military, telecommunication, alternative fuel, industrial and instrumentation product manufacturers. It utilizes innovative manufacturing solutions, automated management systems and sourcing strategies to provide its customers with onshore, scalable manufacturing solutions. The services that it provides are commonly referred to as Electronics Manufacturing Services (EMS). The EMS offerings include new product introduction, collaborative design, procurement and materials management, product manufacturing, product warranty repair, and end-of-life support. Its engineering services include product design, printed circuit board layout, prototyping, and test development. Its supply chain management solutions include purchasing, management of materials, and order fulfillment. Its manufacturing services include printed circuit board assembly, cable assembly, mechanical assembly, and fully integrated box build systems for high complexity electronics. The majority of its revenue is driven from manufacturing a mix of complex printed circuit board assemblies (PCB), and box build assemblies. Some examples of its customer's finished goods products includes Ultrasound Therapeutic medical devices, electronic control units that help vehicles run on natural gas or hydrogen, electronic control units for precision laser welding equipment, PCB's for landing gear systems and flap controllers, fluid control units for airliners, and devices for defense industry. The EMS industry is large, competitive and diverse, and is serviced by many companies, including several that have achieved significant market share; it competes with numerous domestic and foreign EMS firms.