Printed Circuit Corporation

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Printed Circuit Corporation
FounderPeter Sarmanian (d. July 11, 2001) [1]

Printed Circuit Corporation (PCC) was founded in 1961 and was a contract printed circuit board manufacturer located in Woburn, Massachusetts. (SIC Code 3672). [2] PCC provided its products to companies in the electronics, instrumentation, medical, telecommunication, and automotive industries. [3] The majority of the boards produced were multilayer (4, 6, 8, or 10-layer). [3]

Woburn, Massachusetts City in Massachusetts, United States

Woburn is a city in Middlesex County, Massachusetts, United States. The population was 38,120 at the 2010 census. Woburn is located 9 miles (14 km) north of Boston, Massachusetts.


In 1995, the environmental advances made by the firm were highlighted in a joint study by The Massachusetts Toxics Use Reduction Institute in conjunction with the University of Massachusetts Lowell. [3]

University of Massachusetts Lowell Public university in Massachusetts, USA

The University of Massachusetts Lowell is a public research university in Lowell, Massachusetts. The university is part of the University of Massachusetts system and has been regionally accredited by the New England Association of Schools and Colleges (NEASC) since 1975. With over 1,150 faculty members and over 18,000 students, it is the largest university in the Merrimack Valley and the second-largest public institution in the state.

In 2001, PCC was featured on an ABC-TV business news show called Business Now. [4] The show featured the technology that the company used and the management disciplines that allowed it to compete effectively in the world PWB market.

Peter Sarmanian was the founder and CEO of Printed Circuit Corporation. Sarmanian's contributions to the PWB industry as a whole have been recognized by the IPC on an annual basis. [5]

IPC (electronics) organization

IPC, the Association Connecting Electronics Industries, is a trade association whose aim is to standardize the assembly and production requirements of electronic equipment and assemblies. It was founded in 1957 as the Institute for Printed Circuits. Its name was later changed to the Institute for Interconnecting and Packaging Electronic Circuits to highlight the expansion from bare boards to packaging and electronic assemblies. In 1999, the organization formally changed its name to IPC with the accompanying tagline, Association Connecting Electronics Industries.

Company history

Peter Sarmanian started Printed Circuit Corporation in 1961 during the early days of the computer industry. Sarmanian was pursuing an undergraduate technical degree at Northeastern University after having returned from service in the Korean War. [6] His first significant production contracts were to manufacture printed circuit boards for the technology innovators of the 1960s - early minicomputer companies like RCA Computer Systems, Digital Equipment Corporation, and Data General Corporation.[ citation needed ]

Northeastern University Private university in Boston, Massachusetts, USA

Northeastern University is a private research university in Boston, Massachusetts, established in 1898. It is categorized as an R1 institution by the Carnegie Classification of Institutions of Higher Education. The university offers undergraduate and graduate programs on its main campus in the Fenway-Kenmore, Roxbury, South End, and Back Bay neighborhoods of Boston. The university has satellite campuses in Charlotte, North Carolina; Seattle, Washington; San Jose, California; and Toronto, Canada, that exclusively offer graduate degrees. Northeastern recently purchased the New College of the Humanities in London and plans to open an additional campus in Vancouver, Canada. The university's enrollment is approximately 18,000 undergraduate students and 8,000 graduate students.

Printed circuit board board to support and connect electronic components

A printed circuit board (PCB) mechanically supports and electrically connects electronic components or electrical components using conductive tracks, pads and other features etched from one or more sheet layers of copper laminated onto and/or between sheet layers of a non-conductive substrate. Components are generally soldered onto the PCB to both electrically connect and mechanically fasten them to it.

Digital Equipment Corporation (DEC), using the trademark Digital, was a major American company in the computer industry from the 1950s to the 1990s.

Sarmanian was a pioneer in the electro-chemical production of printed circuit boards. The new process offered far greater reliability for the printed circuit boards and far higher density (chips and circuitry per square inch) for packaging components. [7]

When Sarmanian launched the company, most computer and electronics manufacturers were fabricating their own boards.[ citation needed ] Independent suppliers, however, became increasingly efficient and were proving a more cost-effective solution for a broad range of printed circuit board applications. Likewise, computer and electronics manufacturers became more comfortable using suppliers for key electronic components, including printed circuit boards. [8] Reductions in time to market, engineering/prototyping costs, and manufacturing ramp-up costs were being demonstrated by these suppliers to win business.[ citation needed ] In 1979, 40% of all rigid printed circuit board fabrication was being outsourced to suppliers like PCC. [8] By 1989, that figure was about 60%, and by 1995, 80%. [8] By 2001, 98% of all printed circuit board production was going to external suppliers. [8] Industry analysts placed total bookings for printed circuit board production worldwide at approximately $30 billion in 2000, with the US market comprising about a third of that dollar volume. [8]

Sarmanian built a profitable company with approximately $30 million a year in revenue at its peak in 2000, and a 100,000-square-foot (9,300 m2) fabrication plant on Route 128 outside of Boston. [9] At the time, he had 240 employees working two full shifts a day, and sometimes, another half shift for limited production of new prototype boards.[ citation needed ]

Sarmanian died in July 2001 following a bout with cancer. [10] The company filed for reorganization shortly thereafter, then was acquired by Manchester, NH-based fabricator Electropac in October 2002. [11]

Printed Circuit Corporation's business approach

PCC had traditionally operated in the mid-range segment, providing boards to New England-based minicomputer companies. Sarmanian bought state-of-the-art equipment to keep pace with the industry, but he always did it as a follower. At the beginning of the 1980s, Sarmanian saw that volumes in the low-end were beginning to explode and decided to diversify.[ citation needed ] By 1995, only 50% of PCC's revenues came from its traditional mid-range customers; the other 50% came from low-end consumer electronics manufacturers.[ citation needed ] By 1995 his company was a $20 million a year business.[ citation needed ] However, this low-end high-volume strategy got the company into financial trouble when the market for video game cartridges for the Atari and Intellivision systems collapsed. [12]

By the early 1980s, offshore manufacturers had started low complexity, high volume fabrication. By the end of the decade, they dominated it.[ citation needed ] In this semi-automated, high volume process, the offshore producers were able to quote substantially lower prices due to cheap labor. By 1995, the consumer electronics manufacturers had moved virtually all their business to Asian fabricators. Because of this foray into the low-end, by 1995 PCC's profits had declined 90%. New management was brought in during 1996 and 1997 to help turn the company around.[ citation needed ]

New management shed the unprofitable low-end business to refocus on the mid- range, more technologically complex segment of the market.[ citation needed ] These changes were made in time to capture some explosive growth. Historically, the PCB market had grown about 6% a year, but from 1995-2000 it grew at 10%.[ citation needed ] By 2000, the company's sales had increased to $30 million.[ citation needed ] Laser drilling, better solder masking for finishing printed circuitry, and semi-automated systems for electrical testing of finished boards were the major improvements needed to get to industry parity.[ citation needed ]

PCC named Glen Kashgegian president and COO in 2000.

In June 2001, Printed Circuit Corp. acquired the circuit board fabrication business of CPC in Randolph, MA.

The End of PCC

Amid the tech recession of 2001–03, the company failed to adjust as customers migrated to lower cost products from China, and filed for reorganization in September 2002. The company then was acquired by Manchester, NH-based fabricator Electropac in October 2002. [11] Ultimately, as the North American Printed Circuit market continued to shrink and consolidate, Electropac closed their business and sold certain assets to another competitor, located in Nashua NH, named Mass Design. [13]

Environmental Battles

In 1990, the company was fined $407,835 for allegedly violating state sewer regulations 60 times over two years and ignoring orders to stop. The penalty was the third-largest in the history of the Massachusetts Water Resources Authority at the time. [14]

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