CTS Electronics Manufacturing Solutions Awarded New Contract from a Leading Scientific Firm for $11M
CTS Corporation (NYSE: CTS) today announced that CTS EMS has been awarded a new production program for printed circuit board assemblies and high-level assemblies for a leading scientific firm.
CTS EMS will provide complex electromechanical assemblies for use in scientific analysis. Initial shipments will start in the fourth quarter 2011, with revenues from this award expected to reach approximately $11 million in 2012.
This award supports CTS' strategy in targeting key medical, defense and aerospace and industrial markets for its EMS product portfolio.
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