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1996: A third manufacturing facility is added through the acqu isition of Rogers Corp.'s Soladyne division in San Diego, California.
The City of Portland's Office of Sustainable Development awarded Merix a BEST Award in 1997 for water conservation.
1998: Declining sales and mounting losses force Merix to close its Loveland plant.
Williams, Elisa, "CEO of Forest Grove, Ore.-Based Circuit Board Maker Departs," Knight-Ridder/Tribune Business News, May 25, 1999.
The company’s prospects brightened in July 2000 with the announcement of a $65 million investment that was expected to exponentially increase production capacity.
2000: A three-year expansion project begins that will double p roduction capacity.
She remained CEO until September 2001.
Coleman professed a desire to devote more time to investing in emerging technology companies, but she was expected to remain Merix's chairperson until at least 2001.
――――, "Oregon Tech Companies Tektronix, Merix Show Signs of Recovery," Oregonian, December 19, 2003.
Market conditions began to improve by the end of 2003.
Manning, Jeff, "Stock Drops Sharply As Forest Grove, Ore., Tech Supplier Merix Projects Loss," Oregonian, May 15, 2004.
In April 2005, Hollinger achieved his goal, signing an agreement to acquire Eastern Pacific Circuits Limited for roughly $120 million.
For the 2006 fiscal year they had revenues of $309 million and a profit of $1.4 million.
In February 2007, the company was warned by NASDAQ for failing to have a full three member independent audit committee as required by NASDAQ listing rules.
Another 230 people were laid off in early 2009, and the company then lost $8.4 million on nearly $60 million in revenues in the quarter that ended in May 2009.
In October 2009, Merix announced they would merge with Viasystems with the combined entity headquartered in St Louis, Missouri.
Also in 2009, the company expanded its military and aerospace customer base, adding contracts to companies such as Rockwell Collins.
The merger with Viasystems was completed in February 2010.
Viasystems was acquired by TTM Technologies in May 2015.
"Merix Corporation ." International Directory of Company Histories. . Retrieved April 15, 2021 from Encyclopedia.com: https://www.encyclopedia.com/books/politics-and-business-magazines/merix-corporation-0
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| Company name | Founded date | Revenue | Employee size | Job openings |
|---|---|---|---|---|
| Streamline Circuits | 2003 | $17.0M | 200 | - |
| APCT | 2008 | $25.0M | 10 | - |
| Planar Systems | 1983 | $1.8B | 456 | 10 |
| Park Electrochemical | 1954 | $56.0M | 535 | 7 |
| pSemi | 1990 | $300.0M | 605 | 1 |
| Maxim Integrated | 1983 | $2.6B | 7,100 | 1 |
| KEMET Corporation | 1919 | $1.3B | 14,850 | 19 |
| Waytec Electronics Corporation | - | $1.3M | 7 | - |
| Barry Industries | 1977 | $15.1M | 50 | - |
| Molex | 1938 | $3.6B | 45,000 | 130 |
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