Maxwell Technologies, has formed a manufacturing alliance with Belton Technology Group, a major Chinese manufacturer of precision components, flex circuits, circuit boards and other products, to meet the forecast growth to multi-million-unit annual volumes for its BOOSTCAP ultracapacitors and multi-cell modules.
Maxwell sees the increase in demand being driven by automotive, transportation and industrial electronics applications.
Dr. Richard Balanson, Maxwell’s president and CEO, said that the offshore manufacturing alliance enables the company to tap into Belton’ss large existing factories, supply chain operations and 20,000-person production workforce to ensure that Maxwell can ramp ultracapacitor production as required to keep pace with the rapidly escalating ultracapacitor demand it expects in coming years.
Maxwell 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.
Maxwell recently introduced more than 30 new BOOSTCAP products based on common architecture, components and assembly processes, and is now working closely with Belton engineering and manufacturing personnel to completely shift production of those products to high-volume facilities in China by the end of 2006.