ROCHESTER, NY - IEC Electronics Corp. has entered into an agreement to purchase an 86,000 sq. ft. facility here for an undisclosed sum.
The new facility is expected to provide additional capacity and access to a larger pool of qualified resources to support future organic growth.
“We’re really excited to announce the acquisition of an additional Rochester-area facility at 50 Jetview Dr., Rochester, NY,” said Jeffrey T. Schlarbaum, president and CEO of IEC Electronics. “This new facility represents a key building block for our company, establishing a Rochester-area campus enabling us to tap into both the eastside and now the westside of the greater Rochester market. The goal is to consolidate our specialty metals operation from its current Rochester location on Emerson Street and combine it with an expanded electronic assembly operation. We believe this new facility provides an ideal footprint and location to support our growing customer demand and, more importantly, provides us the ability to recruit skilled resources across the entire Rochester region, addressing a critical need to support ongoing double-digit organic growth.
“Our focus remains on strengthening our capabilities to meet the high complexity manufacturing needs of our customers, who rely on IEC as an electronic manufacturing services provider for life-saving and mission-critical products. We continue to see increased interest from the marketplace and believe this expansion of our manufacturing footprint into Rochester positions us well to achieve continued organic growth as we look ahead into fiscal 2021 and beyond.”