Eltek Constructing New Americas Headquarters in Texas

Growing Customer Demand Prompts Expansion Slated for Completion in December 2012

RICHARDSON, Texas--(BUSINESS WIRE)--Eltek, the world leader in high efficiency power systems for telecommunications, industrial applications, and renewable energy projects, announced today that it has broken ground on construction of a new facility that will consolidate its Americas region headquarters into one building that will include research and development facilities, manufacturing and warehouse operations, engineering, sales and administration organizations.

“Consolidating multiple departments under one roof gives us a much better layout for R&D, enables us to provide faster response time to customers and improves product storage and shipping capabilities.”

After initially searching for an existing building to lease in the Dallas area, Eltek partnered with Argent Property Company and the City of Plano for development of a build-to-suit site located on East Plano Parkway in the Research/Technology Crossroads development in Plano, Texas.

The move addresses the increase in demand for Eltek’s products and services, by combining the staff from two offices and a storage facility, and expanding the amount of production and office space available. Creating one new structure designed and built to Eltek’s specifications will enable the company to improve operating efficiency and provide excellence in customer support and satisfaction.

“This move is a great step for Eltek, both economically and professionally as we look to increase local support for our growing customer demand,” said Allen Pitts, Eltek President of the Americas region. “Consolidating multiple departments under one roof gives us a much better layout for R&D, enables us to provide faster response time to customers and improves product storage and shipping capabilities.”

Eltek plans to relocate its existing employees from Richardson to Plano when it takes occupancy of the new 124,000-square-foot facility at the end of this year.

About Eltek

Eltek is a technology leader in high-efficiency (HE) power solutions for telecom and industrial applications. The company also has a growing business in renewable markets, such as photovoltaic grid inverters and chargers for electric vehicles. With Americas headquarters in Richardson, Texas, the company’s global operations employ approximately 2,400 people, offices in 40 countries and sales in more than 100 countries. More information is available at http://www.eltek.com.