Nortech Systems Inc., a leading provider of full-service electronics manufacturing services (EMS), has successfully acquired the EMS business unit of Winland Electronics Inc. (AMEX: WEX) in Mankato, Minn.

With this acquisition, pursuant to a purchase agreement executed on Nov. 15, Nortech Systems has purchased the assets and intellectual property associated with Winland’s EMS operation, which designs and manufactures printed circuit board assemblies and higher-level complete box build assemblies.

“This synergistic purchase will provide needed manufacturing capacity, particularly for supporting our medical and industrial customers with printed circuit board assemblies and higher-level builds,” said Mike Degen, Nortech Systems’ president and CEO. “We also look forward to expanded growth opportunities serving new customers in other markets such as transportation, scientific instrumentation and defense.”

Nortech Systems now operates manufacturing facilities in Baxter, Bemidji, Blue Earth, Mankato, Merrifield and Milaca, Minn.; Augusta, Wis.; and Monterrey, Mexico.

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Nortech Systems Completes Acquisition of Winland Electronics’ EMS Operation

Jueves, 06 de Enero de 2011 Tiempo de lectura:

notrtech


Nortech Systems Inc., a leading provider of full-service electronics manufacturing services (EMS), has successfully acquired the EMS business unit of Winland Electronics Inc. (AMEX: WEX) in Mankato, Minn.


With this acquisition, pursuant to a purchase agreement executed on Nov. 15, Nortech Systems has purchased the assets and intellectual property associated with Winland’s EMS operation, which designs and manufactures printed circuit board assemblies and higher-level complete box build assemblies.


“This synergistic purchase will provide needed manufacturing capacity, particularly for supporting our medical and industrial customers with printed circuit board assemblies and higher-level builds,” said Mike Degen, Nortech Systems’ president and CEO. “We also look forward to expanded growth opportunities serving new customers in other markets such as transportation, scientific instrumentation and defense.”


Nortech Systems now operates manufacturing facilities in Baxter, Bemidji, Blue Earth, Mankato, Merrifield and Milaca, Minn.; Augusta, Wis.; and Monterrey, Mexico.

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