Logistics | 6:24 March 02, 2010 | Pete Dodd | Print this story

M2 Engineering moves its optical disc operation

M2 Engineering AB said that by April 1 it will transfer its optical disc business to its M2 ODA International division, which will exclusively market, sell and support M2 equipment and spare parts.

The firm said the move reflected a shift in its operational emphasis following significant investment in order to diversify into other business areas including solar cells and consumer electronics components.

M2 Engineering CEO Rick Hooper said the transfer meant the company “will able to focus fully on these new business sectors while having full confidence that our optical disc customers will continue to be fully supported by a professional and committed organization”.

M2 Engineering AB will continue to manufacture optical disc equipment at its production facility in Amata Nakorn, Thailand. M2 ODA also will establish a comprehensive service organization, including on-site support and spare parts for all photo-resist based mastering systems.

M2 ODA Director Martin Brown noted that the optical disc industry has changed dramatically in recent years with many equipment suppliers either bankrupt or giving up on the industry.

“The realistic cost structure and multi-product business model of M2 ODA has been developed to ensure continuing professional support for all current and new M2 equipment customers,” he said.