Endace brings manufacturing back to New Zealand

Function that was outsourced to Singapore will now happen in Christchurch

New Zealand-based security and network monitoring equipment vendor Endace is to bring its manufacturing operation back to New Zealand, after outsourcing it to Singapore in the early 2000s.

In a statement today, Endace announced that it has partnered with Christchurch-based GPC Electronics in a contract manufacturing deal.

Endace founder and chairman Dr Ian Graham is quoted as saying: "Bringing our manufacturing to New Zealand means that it’s closer to our Auckland headquarters and our Hamilton product development hub.

"For us, this means better quality control, greater production flexibility and vastly improved communications.

"We’re delighted to be manufacturing here and to help prove that New Zealand can be a competitive place to build high-tech products."

Endace was founded in 1995, from a research project at Waikato University.

It was formally launched as a company in 2001 and now has offices in the UK and USA, and it listed on London’s AIM stock exchange for small companies. It is domiciled in New Zealand and its headquarters are in Auckland. It retains a presence in its birthplace of Hamilton, with research and development facilities there.

The move to bring manufacturing back to New Zealand follows earlier moves, made during the 2009-10 financial year, to bring corporate marketing functions back to New Zealand.

Last month, Endace received a $4.4 million grant from Technology New Zealand.

During the 2009-10 financial year, it made an after-tax profit of US$124,000 on revenue of $US31 million. Nearly all of its revenues came from outside New Zealand, with just $90,000 coming from local customers, and the rest from overseas customers in the 2009-10 year.