Hutchinson Technology

Hutchinson Technology is a leading manufacturer of precision micro electro-mechanical components & assemblies. Founded in 1965, HTI has been serving electronics, defense, computer, medical, aerospace, & telecommunications industries for over 50 years. HTI is a global technology leader committed to creating value by developing solutions to critical customer problems. Our culture of quality, continuous improvement, superior innovation and a relentless focus on the fundamentals is the source of our competitive advantage. We specialize in design and manufacture of close-tolerance products that require chemical, mechanical and electronic technologies. Our Disk Drive Components Division is a key worldwide supplier of suspension assemblies for hard disk drives. Suspensions are precision micro electromechanical assemblies that position the read/write head a few nanometers above the spinning magnetic disk. Each week HTI produces ~ 10 million suspension assemblies using highly controlled processes & sophisticated automation to achieve best in class quality and lowest cost. Through our new business development initiatives, we are leveraging our unique precision manufacturing capabilities to produce components and sub-assemblies for new market segments. For example, we recently completed development and began volume production of SMA optical image stabilization (OIS) actuators for smartphone cameras. HTI's custom manufacturing group is focused on leveraging technologies & capabilities developed for the hard drive industry into other markets.
Hutchinson, US
Size (employees)
2,412 (est)
Hutchinson Technology was founded in 1965 and is headquartered in Hutchinson, US

Hutchinson Technology Office Locations

Hutchinson Technology has offices in Hutchinson, Eau Claire, Ayutthaya
Hutchinson, US (HQ)
40 West Highland Park Drive N.E.
Ayutthaya, TH
50 Moo 4 Rojana Industrial Park Zone 8
Eau Claire, US
2435 Alpine Rd

Hutchinson Technology Metrics

Hutchinson Technology Financial Metrics

Revenue (2015)

$252.8 m

Revenue growth (2014-15), %


Gross profit

$30 m

Gross profit margin (2015), %


Net income (2015)

($39.1 m)

Market capitalization (01-Sep-2016)

$49.5 m

Closing share price (01-Sep-2016)


Cash (27-Sep-2015)

$39.5 m
Hutchinson Technology's current market capitalization is $49.5 m.
Hutchinson Technology's revenue was reported to be $252.8 m in 2015 which is a 3.2% decrease from the previous period.
Y, 2013Y, 2014Y, 2015


$249.6 m$261.1 m$252.8 m

Revenue growth, %


Cost of goods sold

$233.2 m$237.2 m$222.8 m

Gross profit

$16.4 m$23.9 m$30 m

Gross profit Margin, %



($24.7 m)($23.6 m)($17.3 m)

EBIT margin, %


Interest income

$98 k$73 k$40 k

Pre tax profit

($35.1 m)($41.2 m)($39.2 m)

Net Income

($35.1 m)($40.4 m)($39.1 m)
FY, 2013FY, 2014FY, 2015


$39.4 m$37.9 m$39.5 m

Accounts Receivable

$21.7 m$24 m$15.9 m


$44.3 m$49 m$40.1 m

Current Assets

$116.2 m$119.1 m$102.7 m

Total Assets

$306.7 m$275.2 m$241.5 m

Accounts Payable

$23.5 m$19.1 m$19.9 m

Current Liabilities

$44 m$85.6 m$41.5 m

Additional Paid-in Capital

$431.9 m$433.3 m$452.2 m

Total Equity

$70.9 m

Financial Leverage

3.4 x
FY, 2013FY, 2014FY, 2015

Net Income

($35.1 m)($40.4 m)($39.1 m)

Depreciation and Amortization

$38.9 m$37.2 m$31.9 m

Accounts Receivable


Accounts Payable

Capital Expenditures

($18.9 m)($17.3 m)($17.9 m)

Long-term Borrowings

($23.5 m)($41.3 m)

Hutchinson Technology News

Hutchinson Technology Company Life

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