ELKHART, IN -- CTS Corp. today said it will shut down a factory in Berne, IN, and relocate production to another in-state facility and to Mexico
and Singapore this year. The company will take restructuring charges of $4.5 million to $5.5 million.
ST. PETERSBURG, FL -- Jabil Circuit and Carl Zeiss will develop joint venture for optical modules development., with Jabil holding the majority interest, the companies said.