Photo Stencil Sells Mexico Site to Former GM
GUADALAJARA, MEXICO -- Photo Stencil has sold its subsidiary here to the facility's management team led by Francisco Lujano and Armando Berumen for an undisclosed amount.
Colorado Springs, CO-based Photo Stencil said the Mexico facility will continue to produce and sell laser-cut stencils on-site, plus electroform stencils made by Photo Stencil in its new Golden, CO, facility.
"This sale is in keeping with our strategy to concentrate on producing high-end stencils and stencils for the semiconductor industry," said Eric Weismann, CEO of Photo Stencil. "Today's technology is being driven by more complex and densely packed boards, smaller devices, and more challenging applications."
In a statement, Lujano said demand for laser-cut stencils has increased "significantly."
"Our Mexico plant has the latest laser cutting equipment with automated optical inspection. Armando and I are excited about this new opportunity and will continue to produce the highest performing laser-cut stencils available."
