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Monday, August 29, 2011

Calumet Electronics to begin Conflict Minerals Initiative

For Immediate Release

CALUMET, MI:   PCB Manufacturer - Calumet Electronics Corp. (CEC) announces new initiative to address pending “due diligence” requirements for Conflict Minerals.

Consistent with Section 1502 of the Dodd-Frank Wall Street Reform and Consumer Protection Act, Calumet is undertaking a number of actions to address the problem of conflict minerals –or the exploitation and trade of gold, columbite-tantalite (coltan), cassiterite (tin), wolframite (tungsten), or their derivatives –sourced from the eastern Democratic Republic of the Congo, or DRC, that have helped to fuel conflict in the eastern DRC.

Section 1502 of the Dodd-Frank Act instructs the SEC, in consultation with the Department of State, to promulgate regulations requiring, in part, companies required to file reports with the SEC, to submit annually a description of the measures taken to exercise due diligence on the source and chain of custody of the four “conflict minerals.”  “This statement has been interpreted by some privately held companies as an exemption from reporting requirements, states Stephen J. Marshall, Calumet’s Materials Declaration Administrator, the reality is that OEM’s must exercise due diligence on and formalize the origin and chain of custody of conflict minerals used in their products and on their suppliers to ensure that conflict minerals used in the products of such suppliers do not directly or indirectly finance armed conflict or result in labor or human rights violations.”

Calumet believes that it is critical to begin now to perform meaningful due diligence with respect to conflict minerals. Calumet’s Conflict Mineral Initiative will facilitate useful disclosures to customers and suppliers to meet Section 1502 of the Dodd-Frank Act. The initiative features;

  • Establish strong company management systems based on industry standards;
  • Identify and assess risk in the interconnect industry supply chain;
  • Design and implement a strategy to respond to and report identified risks;
  • Report on supply chain due diligence.

For more information on RoHS, REACH, and Conflict Minerals Material Declarations for printed electronic circuit boards contact;

sourcecompliance@calumetelectronics.com
and visit
http://www.cec-up.com/program.htm

About Calumet
Since 1968, Calumet's been manufacturing hi-reliability printed circuit boards. Every board is proudly built in the security of its Calumet, MI, USA facility. The company is registered as a Small Business by the SBA. Financial strength is continually rated at 4A1 by D&B. Product realization is achieved within a quality system registered to ISO9001:2000 and certified by the Department of Defense to Military Performance Specifications for Printed Circuit Boards; MIL-PRF-31032 and MIL-PRF-55110. Corporate focus hasn't changed in 40 years; provide optimum value in every board and to every relationship! At 40, Calumet remains committed to providing value beyond performance!

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