Two companies heightening focus on individual core competencies to better pursue rapidly expanding business opportunities.
SANTA CLARA, Calif., July 29, 2024
– Promex Industries, a Silicon Valley-based provider of advanced design, packaging and microelectronics assembly services, and its San Diego-based division QP Technologies, a leading provider of innovative microelectronic packaging and assembly solutions, today announced a sales/marketing reorganization aimed at growing both companies’ core businesses. As part of this effort, key changes have been implemented at the executive level at both sites. Rosie Medina, who has served as vice president of sales and marketing for both companies over the past several years, was named senior vice president of sales and marketing for Promex’ Santa Clara site.
“As our business expands, we are focused on engaging with a broader customer set,” said Dave Fromm, Promex chief operations officer. “Rosie has proven adept at establishing and building customer relationships. In her new role, she will take the lead in identifying new customers and educating them about Promex’s central value: helping solve difficult product development problems and building complex, high-value subassemblies for advanced applications such as medtech/biotech devices and MEMS and sensors.”
On the QP Technologies side, Matt Hansen has been promoted to VP of sales and marketing from his prior position as director of sales and business development for Promex. In this role, Hansen will leverage his experience to pursue new customers for QP Technologies in such key markets as the rapidly growing military-aerospace arena. Already ITAR-registered, the company is actively pursuing certification in AS9100, the international Quality Management System standard for the aviation, space and defense industry. Compliance with AS9100 is vital to gaining access to large OEMs and the broader supply chain.
Ken Molitor, chief operating officer for QP Technologies, noted, “Rosie has done a fantastic job for us over the past nine years. With that said, Matt’s two-plus decades of experience in sales and business development and proven track record in revenue growth make him a valued addition to the QP team. We are the leader in quick-turn and low-medium volume, turnkey onshore IC packaging and assembly services, and having Matt dedicated to QP Technologies will allow us to enhance our customers’ overall experience.”
The reorganization was prompted by both companies’ continued strong growth, which has also fueled expansion of their respective manufacturing lines. QP Technologies is seeing strong demand from global customers across its offerings – in particular, for its air-cavity open-molded plastic packages (OmPP) and its custom turnkey solutions for high-performance, substrate-based assemblies. Promex experienced double-digit growth in fiscal 2024 (ended June 30), driven by escalating demand for its ability to solve complex integrated device challenges, including precision miniaturization processes for MEMS and sensor devices.