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Maxwell forms alliance with Chinese company on ultracapacitors

Posted: 19 Apr 2006 ?? ?Print Version ?Bookmark and Share

Keywords:Maxwell Technologies? Boostcap ultracapacitors? Belton Technology?

Maxwell Technologies Inc. has formed a toll manufacturing alliance with Belton Technology Group, a major Chinese manufacturer of precision components, flex circuits, circuit boards and other products, to produce its Boostcap ultracapacitors and multi-cell modules.

Richard Balanson, president and chief executive of Maxwell, said that the offshore manufacturing alliance enables the company to tap into Belton's large existing factories, supply chain operations and 20,000-person production workforce to ensure that Maxwell can ramp production to keep pace with the rapidly escalating ultracapacitor demand expected.

He added that the company will continue to produce its proprietary carbon powder electrode material internally and deliver it to Belton plants for assembly into finished ultracapacitor cells and modules.

"We are excited about this expanded alliance with Maxwell," said H.P. Chan, president and CEO of Belton. "Belton's proven high-volume quality manufacturing and supply chain capabilities and Maxwell's ultracapacitor technology, product designs and worldwide marketing and distribution network will make a powerful combination."

EE Times

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