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Molex People Safe and Operations Undamaged by Japanese Earthquake

2011-03-17 11:45
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LISLE, Ill.--(BUSINESS WIRE)--Molex Incorporated (NASDAQ: MOLX) (NASDAQ: MOLXA), a global electronic components company, today reported its employees in Japan were safe and that none of its three facilities were damaged in the massive earthquake that struck Japan on March 11, 2011. Molex has major operations in Shizouka, Kagoshima and Yamato City, none of which are in the northeastern part of the country that was hardest hit by the earthquake and tsunami.

“Our first priority has been to make certain that our people were safe,” said Martin P. Slark, Vice Chairman and Chief Executive Officer, Molex Incorporated. “None of our manufacturing operations were damaged and are operating normally today. However, we know that some of our customers and suppliers were not as fortunate and our thoughts are with them and all of the people of Japan as they deal with one of the worst disasters in Japan’s history.

With the situation also evolving rapidly in regard to transportation and infrastructure issues, we do not yet know what the effect will be on Molex’s business. As we work to assess how this will affect Molex, our business continuity teams are working to ensure we continue to supply customers.”

Molex Incorporated is a 72-year-old global manufacturer of electronic, electrical and fiber optic interconnection systems. Based in Lisle, Illinois, USA, the Company operates 39 manufacturing locations in 16 countries. The Molex website is www.molex.com.

Editor’s note: Molex is traded on the NASDAQ Global Select Market (MOLX and MOLXA) in the United States and on the London Stock Exchange. The Company’s voting common stock (MOLX) is included in the S&P 500 Index.

Contacts

Molex Incorporated
Investor Contact:
Steve Martens, 630-527-4344
VP of Investor Relations