Sheldahl, Inc. CEO Edward Lundstrom talks to The Wall Street Transcript
1 February 1999
Sheldahl, Inc. CEO Edward Lundstrom talks to The Wall Street Transcript
NEW YORK--Feb. 1, 1999--The Wall Street Transcript has published an in-depth interview with Edward L. Lundstrom of Sheldahl, Inc. , in which he talks at length about his company's future.He says, "Sheldahl is a creator and distributor of flexible laminates and derivative products made out of those flexible laminates. We have two businesses: core business composed of our materials and flexible interconnect businesses where we provide a large number of products for the automotive and datacom marketplaces. We believe we're the leader in the world for automotive flexible printed circuitry. We also created a new start up business recently: semiconductor packaging substrates which we call our Micro Products business. We have a factory in place and are undergoing final customer qualification at this time. We have invested over $60 million in this facility and expect it to be a major source for our growth in the future."
He explains about the markets they serve, "The two markets automotive electronics and datacom, from a total available market point of view are about $20 billion. Our served markets, of course, are much smaller, but we believe they are of sufficient size that Sheldahl has the opportunity to grow to $500 million to $1 billion relatively easily within these markets."
Looking forward, he states, "Certainly within the datacom marketplace, there's a tremendous drive for miniaturization of the end product, which results in the need for more and more packaging density within the interconnects that we provide. Within the automotive market, we expect performance requirements to continue to increase as the drive for improved performance, improved emissions controls and additional safety features add more electronics to the car."
To read the complete interview, go to http://www.twst.com/pdf/shel.pdf. It requires Adobe Acrobat (TM) reader to view the document. The Wall Street Transcript does not endorse the views of any interviewees nor does it make stock recommendations.
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