Oct 12, 2010

Melitron to Build Solar Inverters for Sustainable Energy Technologies

Melitron Corporation announced today that it has been selected by Sustainable Energy Technologies (TSX Venture: STG) to provide contract manufacturing services required to build their SUNERGYTM solar inverter. Sustainable Energy is a leading designer, manufacturer and distributor of power inverters for grid-connected solar PV systems.

“Melitron’s highly automated facility, its commitment to product quality, and its ability to effectively manage the final steps of the supply chain were critical to enabling what will be a very successful partnership,” said Justin Holland Vice President of Sustainable Energy responsible for Supply Chain Management and Operations.

Sustainable Energy Technologies will be locating their North American inverter manufacturing operations in Guelph, Ontario. Melitron will operate this high volume assembly and test facility and will also manufacture and supply enclosures for the SUNERGYTM inverter from its adjacent facility. This assembly strategy and the partnership with Melitron will enable Sustainable Energy to quickly expand production capacity with very limited capital investment, while also enabling greater flexibility in responding to market changes, better quality control and an overall lower cost of manufacturing.

Production of the SUNERGYTM inverters will begin at this facility before the end of this year. The company is targeting Canadian production of approximately 4 MW per month by Q1 2011, with expansion capacity up to 8 MW – 10 MW per month by the end of 2011. This facility will serve Ontario and US markets and will create new direct employment for approximately 60 – 80 persons at full capacity in the combined Melitron and Sustainable Energy workforce, creating as many as 300 new direct and indirect jobs in the Guelph area.

“We are very excited about our partnership with Sustainable Energy which puts Melitron at the forefront of the solar PV industry and which will open new long-term markets in the US,” said Ted Turner President of Melitron. “This was only possible because of the Premier’s commitment to bringing new green jobs to the Province as part of his Green Energy program.”

Headquartered in Guelph, Canada, Melitron Corporation is a leading contract manufacturer of precision metal components, enclosures and assemblies. Melitron specializes in providing flexible manufacturing solutions to OEMs competing in global technology markets including; aerospace, computing, EMS, industrial, medical, and security. An integrated business model provides customers with a single source manufacturing solution encompassing design, fabrication, finishing, assembly and distribution.

Melitron’s world class facilities are equipped with latest in advanced manufacturing technologies and automated systems; enhancing efficiencies, reducing costs and delivering our customers competitive manufacturing solutions. Melitron has two manufacturing facilities in Canada and a sales office in Milwaukee, USA.