SMT007 Magazine

SMT-Apr2016

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48 SMT Magazine • April 2016 MC assembly Names Jose Sierra Vp of Quality and Engineering In his new position, Jose Sierra will lead MC As- sembly's technical initiatives across the company's sites in the United States and Mexico, supporting the operations strategy and market growth of the company. CTS acquires CTG advanced Materials CTS Corp. has acquired CTG Advanced Materials LLC, a designer and manufacturer of single crys- tal piezoelectric materials serving major oeMs throughout the medical and defense technolo- gies, for $73 million in cash. product Compliance requires Supply Chain Transparency Changes to the rohS, rEACh, and conflict min- erals regulations make the need for supply chain transparency more crucial than ever. In line with this, full material declaration (FMD) is quickly be- coming the "gold standard" data requirement for an oeM to accurately assess the risk of restricted materials in a product. api Technologies to be acquired by pE Firm API Technologies Corp. has inked a definitive agree- ment providing for the company to be acquired by an affiliate of private equity firm J. F. Lehman & Co., which specializes in the aerospace, maritime and defense industries. Benchmark Electronics appoints paul Tufano to Board Benchmark electronics has appointed Paul J. Tu- fano, who most recently served as CFo of the Al- catel-Lucent Group, as an independent director to the company's board of directors. NextFlex Names Founding Members The 30 founding members represent a diverse group of leaders in flexible hybrid electronics manufacturing and education that will each bring unique manufacturing capabilities and needs to nextFlex. Stadium Sets Up New High-tech Manufacturing Facility in China Stadium's new manufacturing and electronics as- sembly facility in Dongkeng, China, offers upgrad- ed operations that boast leading-edge infrastruc- ture and technology. Sparton Explores Strategic alternatives Sparton Corp.'s board of directors has been explor- ing a range of strategic alternatives. This process, which commenced several months ago, has the goal of identifying the best way to enhance share- holder value. Nortech reports Higher Q4 Sales, Operating profits Nortech Systems Inc. has reported net sales of $31.4 million for the fourth quarter ended 31 De- cember 2015, a 3% increase over net sales of $30.4 million for the fourth quarter of 2014. Joel Wolnik returns to libra industries as production Manager EMS firm Libra Industries has announced that Joel Wolnik has returned to the company for the posi- tion production manager. Milaero007 highlights

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