Sanmina Corporation, a Fortune 500 company, is a leading provider of integrated manufacturing solutions for the fastest growing segments of the global Electronics Manufacturing Services (EMS) market. Recognized as a technology leader, Sanmina offers end-to-end manufacturing solutions, delivering superior quality and support to Original Equipment Manufacturers (OEMs), primarily in the industrial, medical, defense and aerospace, automotive, communications networks, and cloud and AI infrastructure markets. Sanmina operates manufacturing facilities strategically located in key regions worldwide.

The Cooperation Agreement was signed by Gordan Kolak and Ivan Paić, the President and Management Board Member of KONČAR, respectively, as well as Hari Pillai, President of the Components Technology Group at Sanmina, and Ivan Bekavac, Vice President of Business Development at Sanmina.

“We are very pleased to announce this expansion of Sanmina’s Energy-related business. We believe that the transmission, distribution and storage of electric power provide an excellent fit for Sanmina’s core competences in engineering and manufacturing to deliver cutting-edge medium-voltage and high-voltage equipment,” said Jure Sola, Chairman and CEO of Sanmina, during the signing of the agreement. “We are delighted to begin our collaboration with Sanmina through a project that allows us to leverage our many years of experience in transformer design and manufacturing. Looking at the bigger picture, we are most excited about the potential to accelerate KONČAR’s growth in the U.S. market through this partnership with Sanmina,” emphasized Gordan Kolak, KONČAR CEO.

By signing this agreement, Sanmina Corporation announces a significant expansion of their energy business with the construction of a new, state-of-the-art factory in Houston, Texas, focused on the U.S. energy market. The facility will manufacture a wide range of high-quality energy products, including medium-voltage distribution transformers, instrument transformers, and switchgear. Production is expected to start in 2027, with initial customer commitments already in place.