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Sanmina

#2994

Rank

$4.13B

Marketcap

US United States

Country

Sanmina
Leadership team

Mr. Jure Sola (Co-Founder, Exec. Chairman & CEO)

Mr. Kurt Adzema (Exec. VP & CFO)

Mr. Alan McWilliams Reid (Exec. VP of Global HR)

Products/ Services
Electronics, Manufacturing
Number of Employees
20,000 - 50,000
Headquarters
San Jose, California, United States
Established
1980
Company Registration
SEC CIK number: 0000897723
Net Income
100M - 500M
Revenue
Above - 1B
Traded as
SANM
Social Media
Overview
Location
Summary
Sanmina Corporation provides integrated manufacturing solutions, components, products and repair, logistics, and after-market services worldwide. It operates in two businesses, Integrated Manufacturing Solutions; and Components, Products and Services. The company offers product design and engineering, including concept development, detailed design, prototyping, validation, preproduction, manufacturing design release, and product industrialization; assembly and test services; direct order fulfillment and logistics services; after-market product service and support; and supply chain management services, as well as engages in the manufacturing of components, subassemblies, and complete systems. In addition, the company provides components, such as printed circuit boards, backplane and backplane assemblies, cable assemblies, fabricated metal parts, precision machined part, and plastic injected molded parts; memory solutions; storage platforms; optical, radio frequency, and microelectronic solutions; defense and aerospace products; and cloud-based manufacturing execution software. It offers its products and services primarily to original equipment manufacturers in the industrial, medical, defense and aerospace, automotive, communications networks, cloud solutions, clean technology, computing and storage, multimedia, and oil and gas industries. Sanmina Corporation was founded in 1980 and is headquartered in San Jose, California.
History

Sanmina was founded by Jure Sola and Milan Mandari? in 1980 as a printed circuit board manufacturer. During the 1980s, it expanded into manufacturing backplanes and subassemblies for the telecommunications industry. During the 1990s, the company grew, producing complete products for major OEM companies and completing a number of acquisitions. Jure Sola became CEO and Chairman of Sanmina in 1991. The company completed an initial public offering on NASDAQ in 1993.

Merger and name changes

In December 2001, Sanmina merged with SCI Systems of Huntsville, Alabama, for $6 billion in cash, stock, and debt. Although Sanmina was only half as large as SCI at the time, it was in a better cash position because its core telecommunications business was performing well, whereas SCI's lower-margin businesses such as personal computer manufacturing, were struggling. Shortly after, Sanmina-SCI bought E-M Solutions, a bankrupt Fremont, California electronics manufacturer, for $110 million in cash. Then in early 2002, Sanmina acquired Rancho Santa Margarita-based Viking Interworks for $15 million .On November 15, 2012, the company changed its name to Sanmina.On July 2, 2015, the company announced that it had acquired the CertainSource Technology Group.

Change of Leadership

Bob Eulau replaced co-founder Jure Sola becoming the CEO effective October 2, 2017. After this change, Sola assumed the role of Executive Chairman of the Board . Hartmut Liebel assumed the role of CEO in October, 2019. Jure Sola returned again as CEO in August 2020.

Mission
Sanmina is focused on delivering excellence in performance, flexibility and technology that exceeds customer expectations for quality, delivery and service. Sanmina is committed to the development, implementation and continued improvement of our Quality Management System.
Vision
Sanmina’s vision is to be the preferred global partner delivering innovative, value-added solutions that are essential in the success of our customers.
Key Team

Mr. Brent Billinger (Principal Accounting Officer, Sr. VP & Corp. Controller)

Ms. Paige Melching (Sr. VP of Investor Communications)

Mr. Christopher K. Sadeghian (VP of Legal, Corp. Sec. & Acting Gen. Counsel)

Mr. Michael J. Clarke (Advisor)

Mr. Marco Gonzalez Hagelsieb (Chief Operating Officer of Americas IMS)

Mr. Brian P. Casey (Sr. VP & Treasurer)

Mr. Ramakrishna Pillai (Pres of Components Technology)

Recognition and Awards
Sanmina has won a number of awards over the years, including the 2019 Trade Excellence Award from ITMag and the 2018 Global Supplier Excellence Award from HP.
References
Sanmina
Leadership team

Mr. Jure Sola (Co-Founder, Exec. Chairman & CEO)

Mr. Kurt Adzema (Exec. VP & CFO)

Mr. Alan McWilliams Reid (Exec. VP of Global HR)

Products/ Services
Electronics, Manufacturing
Number of Employees
20,000 - 50,000
Headquarters
San Jose, California, United States
Established
1980
Company Registration
SEC CIK number: 0000897723
Net Income
100M - 500M
Revenue
Above - 1B
Traded as
SANM
Social Media