40 SMT Magazine • August 2017
Jabil Opens Mechanical Integration
Facility in Silver Creek
Jabil Inc. has announced the grand opening of its
Silver Creek mechanical integration facility, which
enables Jabil to office customers specialized exper-
tise and resources for complex metal fabrication,
welding, assembly and integration services.
Cicor Strengthens Financial Flexibility
with New Financing
Cicor signed a new syndicated loan facility on Fri-
day 30 June 2017 with a financing framework to
the amount of 75 million Swiss francs.
AWS Group Sustains Growth for
Fifth Consecutive Year
AWS has announced continued revenue growth
for a fifth year running. Since its consolidation
strategy in the UK at the turn of the decade, AWS
has invested significantly at both its Newcastle-un-
der-Lyme site in the UK and its Námestovo facili-
ty in Slovakia, allowing for greater expansion in its
offering.
OSI Systems Completes Acquisition of
Explosive Trace Detection Business
OSI Systems Inc. has completed its previously an-
nounced acquisition of the former Morpho glob-
al explosive trace detection (ETD) business from
Smiths Group plc for $75.5 million in cash, subject
to a net working capital adjustment.
Ultra Electronics to Acquire Sparton
Sparton Corp. has entered into a merger agree-
ment with Ultra Electronics Holdings plc, pursuant
to which Ultra will acquire Sparton for $23.50 per
share in cash.
Sanmina Expands Technology Center
in Southern California
Sanmina Corp. has expanded its technology center
in Costa Mesa, California. The company's technol-
ogy center now offers an end to end solution, in-
tegrating microelectronics, PCB fabrication, PCBA,
memory products, quick turn prototyping, NPI,
and manufacturing services.
Inovar Breaks Ground for New Facility
on USU Innovation Campus
Inovar Inc., a full-service EMS provider, has secured
a spot on Utah State University's Innovation Cam-
pus. Company officials recently broke ground on a
100,000 sq. ft. facility at the university's research
park.
NEO Tech Invests in New Facility to Support
New England High-Tech Customer Base
NEO Tech plans to combine its two existing New
England locations into a single site that will be
more efficient and will offer customers improved
service from a consolidated team. The Wilmington
and Springfield, Massachusetts facilities will be re-
located into one centrally-located facility in West-
borough, Massachusetts.
Nortech Systems Secures New Credit
Facility of Up to $21M
Nortech Systems Inc. has closed a new credit facil-
ity of up to $21 million with Bank of America Mer-
rill Lynch, with an additional $20 million accordi-
on feature.
Zentech First to Recertify for IPC
Qualified Manufacturers Listing
Zentech Manufacturing Inc. has become the first
company to be recertified to the IPC-J-STD-001
Space Addendum QML program.
MilAero007
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