Nortech Completes Buy of Winland EMS Site PDF Print E-mail
Written by Mike Buetow   
Tuesday, 08 January 2013 09:45

MINNEAPOLIS -- EMS firm Nortech Systems has completed its acquisition of a 58,000- sq. ft. manufacturing facility in Mankato, MN, from Winland Electronics.

Nortech has been began leasing the facility since January 2011, when it purchased the electronics manufacturing services operations of Winland.

The acquisition supplants the lease agreement, which was scheduled to expire Jan. 1, 2017.

“This acquisition puts us in better strategic position, allows us to take advantage of lower financing costs and avoids future accelerators in the lease agreement,” said Richard Wasielewski, CFO of Nortech.

“Operating in Mankato for two years has been a very positive experience; it’s a great location with a strong workforce,” he added. “We’re committed to this location for the long term.”

At this Mankato facility, Nortech Systems manufactures printed circuit board assemblies and higher-level complete box build assemblies for customers in a variety of markets, including industrial, medical, transportation and scientific instrumentation.

Winland has exited the EMS business in order to concentrate on its proprietary environmental monitoring products.

 

 

Discuss this and other industry news and problems at Board Talk, the new printed circuit board industry bulletin board!

 

Columns

Eastern-US: China’s New Competitor?

Parity emerges among EMS Factories from Asia, Mexico and the US.

For the first time in years we see parity in the Eastern US among EMS factories from Asia, Mexico and the US. This EMS market condition will permit American OEMs (the EMS industry refers to OEMs as customers) to have more EMS pathways to choose from. Now more than ever, such EMS assignments will require deeper investigation relating to the OEMs’ evaluation of manufacturing strategies.

Read more...
 
The Human Touch

For those who count on the electronics industry for big feats, it’s been a remarkable couple of years.

Read more...
 

Features

Advances in Concentration Monitoring and Closed-Loop Control

Contaminated bath water skews refractive index results. New technology can accurately measure aqueous cleaning agent concentration.

Read more...
 
Circuits Disassembly: Materials Characterization and Failure Analysis

A systematic approach to nonconventional methods of encapsulant removal.

Read more...
 

Search

Search

Login

CB Login

Language

Language

English French German Italian Portuguese Russian Spanish
 

Products

Yincae Rolls Out ACP120 Solderable Coating
ACP 120 series anti-oxidation solderable coatings replace nanofilm gold. Are for anti-corrosion and anti-rusting on solderable surfaces on which solder paste, solder preform or a solder ball can be...