First, I don't have a clear fix on the problem. Please drill-down to more detail. We appreciate that you probably don't know the parlance. Just describe what you have and then what you'd like to have.
Second, most 0402 LED are fabricated just like the device you describe. [Prove this by searching on "0402 LED" on the net and checking-out the packaging that comes-up from Fairchild, King Bright, Ever Bright, etc.]
Control of the post reflow postion of 0402 devices is largely a function of bare board pad design.
If you aren't careful with the bare board design and assembly processing 0402 devices will try to tomb-stone. We talked about this before on SMTnet. Search the fine Archives for background.
We don't know why you'd want to use a 2 thou stencil. Now if you're talking reducing the amount of solder to reduce variation in the height of components from the board surface that are soldered properly, you are making a BIG mistake. The amount of solder has a large effect on the long-term reliability of solder connections.
We don't like to talk about aperture reduction on stencils without knowing: * Pad design * Stencil thickness * Stencil fabrication
Closing on stencil fabrication points, consider following the guidelines of IPC-7525 - Stencil Design Guidelines and other references listed in the fine SMTnet Archives.
Next, there's no reason why your supplier couldn't print conductive adhesives in a manner identical to the method they used to print solder paste. So, don't buy that line of hooey.
Finally, someone appears to have bolted a smoke machine to the back of your pants. Don't buy any of that goofy garbage without checking with us first. In fact, why don't you get your supplier on-line here so that he can explain what's going on and we can get to the bottom of this stuff.
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