Plexus: 2 largest customers in the world
Plexus had GE Healthcare Technologies and General Electric as its major customers in fiscal years 2022 and 2023 worldwide, ended September 30.
Globally, the company serves approximately 150 customers.
While GE Healthcare Technologies accounted for 10.3% of its net sales, General Electric comprised 12.9% and 11.2% of its net sales during fiscal 2022 and 2021, respectively.
GE Healthcare Technologies is a medical technology company and was spun off from General Electric on January 4, 2023 and GE retained 13.5 percent.
As of 2017, GE Healthcare Technologies is a manufacturer and distributor of imaging agents and radiopharmaceuticals for imaging modalities used in medical imaging procedures.
For its part, Plexus serves a diverse customer landscape that includes industry-leading branded product companies, along with other emerging technology pioneers and start-ups that may or may not maintain manufacturing capabilities.
During fiscal 2023, GE completed the separation of its healthcare business, GEHC, as a standalone company.
Plexus
No other customer accounted for 10.0% or more of Plexus’ net sales in any of the last three fiscal years.
Many of Plexus’ large customers, including GEHC and GE, contract with Plexus through multiple divisions, subsidiaries, production facilities or independent locations.
Plexus’ global team of nearly 25,000 people provides innovative solutions across the product lifecycle, specializing in the design, manufacture and service of highly complex products in demanding regulatory environments.
Together with its optimized and integrated global supply chain, the company helps its customers solve complex product challenges through a wide range of differentiated services, from product development and new product introduction to volume manufacturing, service and end-of-life.
Plexus provides these solutions to market-leading and disruptive global companies in the healthcare/life sciences, industrial and aerospace/defense sectors.
The company’s solutions are supported at its 28 facilities in the Americas, Asia-Pacific and Europe, Middle East and Africa regions.
