| Alta Buys NRC Manufacturing |
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| Written by Mike Buetow | |||
| Tuesday, 01 June 2010 21:40 | |||
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FREMONT, CA -- Alta Manufacturing has acquired fellow electronics contract manufacturer NRC Manufacturing for an undisclosed sum. The deal is part of Alta's five-year plan to grow into a "significant Tier 2 presence." It gives Alta a pair of factories in Fremont, plus one in China. The company did not say whether both California factories would remain open. “The acquisition of NRC broadens our manufacturing capacity and adds a proven manufacturing team led by Ratha Chea, president and founder of NRC,” said Alta Manufacturing CEO Craig Arcuri in a press release. NRC is the second shop Chea has founded and sold. He also cofounded Orion Manufacturing, a $40 million a year firm that sold to CTS in 2008.
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| Last Updated on Wednesday, 02 June 2010 06:15 |
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