| CTS Acquires Orion Manufacturing |
 |
 |
 |
| Friday, 14 March 2008 05:36 | |||
|
ELKHART, IN – EMS provider CTS Corp. announced the acquisition of privately held Orion Manufacturing Inc. for approximately $10 million in cash. CTS expects the transaction to be accretive in the first year. Under terms of the agreement, CTS may pay up to an additional $1.75 million in cash based on the achievement of certain financial targets in 2008 and 2009. San Jose-based Orion provides contract electronics manufacturing services to the defense, aerospace, industrial and medical markets. It had 2007 sales of approximately $27 million. The move will push CTS's estimated annual EMS revenues over $400 million. CTS will combine its operation in Santa Clara, CA, with Orion.
|
Columns
| Semblant Warms to New Fluoropolymer Conformal Coating |
|
Months after hinting at a new conformal coating during a paper session at SMTA International, Semblant has officially launched PlasmaShield. CIRCUITS ASSEMBLY editor in chief Mike Buetow spoke with vice president of worldwide sales and marketing Steve McClure last week. |
| Read more... |
| ECTC in Las Vegas |
What happens in Las Vegas at ECTC, doesn’t stay in Las Vegas, it is shared here. This year’s ECTC, or electronics components technology conference, was held in Las Vegas’ Cosmopolitan, May 28-31. |
| Read more... |
Features
| The Impact of Reel Splicing Kits on Setup and Changeover |
Traditional feeder setup using tape-and-reel can drain time. There’s a quick and better way. |
| Read more... |
| Standard Solar Cells vs. Next-Gen Cells: Which is Winning? |
Overcapacity is stalling the rate of improvement, but only for so long. |
| Read more... |
Search
Search
Login
CB Login
Language
Language
Products
Viscom Announces SI 7.46 AOI Software Release
Software release SI 7.46 reduces AOI inspection times through improved optimization of travel paths. Integrates Library Manager to assign new inspection patterns more quickly and easily, easing use...
Software release SI 7.46 reduces AOI inspection times through improved optimization of travel paths. Integrates Library Manager to assign new inspection patterns more quickly and easily, easing use...
