AccessMyLibrary provides FREE access to over 30 million articles from top publications available through your library.
Create a link to this page
Copy and paste this link tag into your Web page or blog:
VIASYSTEMS ANNOUNCES ADDITIONAL ROUND OF PRICE INCREASES.
(Full text of a statement. Contact details below.)
ST. LOUIS--(BUSINESS WIRE)--Oct.
1, 2006--Viasystems, Inc., a global provider of printed circuit boards and electro-mechanical components and assemblies announced today that as a result of significant ongoing increases in raw material costs, it is increasing prices to its printed circuit board customers.
This price increase is the second interim price increase implemented this year, as a result of these continuing increases on its cost base.
"We have seen the prices of raw copper, crude oil, gold and silver hit record highs.
This unprecedented increase in commodity costs has driven our material suppliers to increase their prices to us, specifically laminate, copper foil and resin costs.
These material cost increases, together with ongoing labor rate and currency exchange rate inflation, have adversely impacted our cost base, where we have experienced increases as high as 20-30 per cent.
- Viasystems Announces Additional Round of Price Increases.
- Press release article from: Business Wire October 1, 2006 700+ words
ST. LOUIS -- Viasystems, Inc., a global...customers. This price increase is the second interim...Sindelar, CEO of Viasystems. Effective October 2, 2006, Viasystems will begin the implementation of a price increase. The magnitude...
- Viasystems Group, Inc. Obtains Overwhelming Support for Plan of Reorganization.
- Press release article from: Business Wire October 2, 2002 700+ words
...BUSINESS WIRE)--Oct. 2, 2002 Viasystems Group, Inc. (OTCBB:VSGI) today...exchange of approximately $740 million of Viasystems' debt into common and preferred stock. Upon completion of the restructuring, Viasystems' debt, net of cash, will decline...
- Viasystems Group, Inc. Reaches Financial Restructuring Agreement With Banks and...
- Press release article from: Business Wire August 30, 2002 700+ words
...Customers and Suppliers to be Unaffected Viasystems Group, Inc. (OTCBB:VSGI) today...exchange of approximately $740 million of Viasystems' debt into common and preferred stock. Upon completion of the restructuring, Viasystems' debt, net of cash, will decline...
- Viasystems files for bankruptcy.
- Newspaper article from: The Daily Deal October 3, 2002 700+ words
Byline: Kelly Holman Viasystems Group Inc. said Wednesday, Oct...025 billion in long-term debt. Viasystems will continue business operations...serving as financial adviser to Viasystems. Judge Allan L. Gropper is overseeing...
- Viasystems' stock dives, 15% of workers lose jobs.
- Magazine article from: St. Louis Business Journal MANNING, MARGIE April 6, 2001 700+ words
One year after going public, Viasystems Group Inc. has been caught in...analysts said, it's a good bet that Viasystems, with strong management and strategically...and back panel assemblies that Viasystems makes. Three tough days Mills...
- Viasystems, Inc. Results for Third Quarter Reflect Success of Integration...
- Press release article from: Business Wire October 20, 1998 700+ words
...BUSINESS WIRE)--Oct. 20, 1998--Viasystems, Inc. (the "Company"), one of...generation. "The significant improvement in Viasystems' third quarter results is due to the...the various acquisitions which form Viasystems. Viasystems' success in implementing...
- Viasystems Group, Inc. Reports Second-Quarter 2001 Earnings.
- Press release article from: Business Wire July 24, 2001 700+ words
...BUSINESS WIRE)--July 24, 2001 Viasystems Group, Inc. (NYSE:VG) today announced...1.32 per fully diluted share. "Viasystems' results for the quarter reflect the...officer. "During the second quarter, Viasystems implemented several actions to reduce...
- Viasystems Group, Inc. Receives $100 Million Commitment; Funds Earmarked for...
- Press release article from: Business Wire July 2, 2001 700+ words
...BUSINESS WIRE)--July 2, 2001 Viasystems Group, Inc. (NYSE:VG) today...Tate & Furst Incorporated, Viasystems' majority shareholder, has committed additional funds to Viasystems in the form of a $100 million senior...
- Viasystems Group, Inc. Reports First Quarter 2001 Earnings.
- Press release article from: Business Wire April 25, 2001 700+ words
...BUSINESS WIRE)--April 25, 2001 Viasystems Group, Inc. (NYSE:VG) today announced...million achieved in the 2000 period. Viasystems' first-quarter 2001 reported financial...effect of the restructuring charge, Viasystems reported a net loss of $18.7 million...
- Viasystems Group, Inc. Initiates Rights Offering.
- Press release article from: Business Wire September 3, 2004 700+ words
ST. LOUIS -- Viasystems Group, Inc., the parent of Viasystems, Inc., announced today that it is offering to holders...Offering Memorandum dated September 3, 2004. Certain Viasystems Group stockholders have executed a standby commitment...
Source: HighBeam Research, VIASYSTEMS ANNOUNCES ADDITIONAL ROUND OF PRICE INCREASES.