HOOFDDORP, THE NETHERLANDS and SALT LAKE CITY, UT – Basell will purchase chemicals giant Huntsman Corp. in a deal valued at approximately $9.6 billion, including assumption of debt. The boards for both companies have unanimously approved the deal.
ADDISON, TX – Interconnect supplier AirBorn has acquired StrataFlex and Central Minnesota Tool. Terms of the transactions were not disclosed.
Toronto-based StrataFLEX designs and manufactures flexible printed circuits and assemblies for the military/aerospace, medical instrumentation and industrial markets.
Little Falls, MN-based CMT provides turnkey stamping, moldings and automation capability for assembly, for automotive, military/aerospace, medical instrumentation and telecom.
“This is a significant step forward for AirBorn,” says Cindy Lewis, president and CEO of AirBorn, in a statement. “Growth in the flex circuit market has outpaced growth in standard connectors."
CLINTON, NY – Indium Corp. will globally market and manufacture Metallic Resources’ patent-pending Cobalt995 Pb-free alloy. Terms were not disclosed.
Cobalt995 is an alternative to SAC alloys that Metallic Resources markets for wave, HASL, and SMT applications. Indium will develop complimentary and compatible cored wire and solder paste products and its bar solder for wave applications.
Metallic Resources is a supplier of solders and materials for electronics assembly and metal joining.
Indium supplies electronics assembly and semiconductor packaging materials, including solder pastes, solder preforms, fluxes, underfills, die-attach materials and more.