News
IRVING, TX – Private equity startup Longwater Opportunities has purchased 40% of PCB maker W-Tek.
Financial terms were not disclosed.
Longwater purchased Circuitronics last year, when W-Tek was a supplier to the PCB assembler.
Circuitronics’ former owner Jeff Forbus purchased 60% of W-Tek, say published reports.
CHONGQING, CHINA – Walsin Technology Corp., and its subsidiaries Global Brands Manufacture Ltd. and Prosperity Dielectrics Co., signed an agreement with the Chongqing Municipal City Government to build passive component factories here.
XIAMEN, CHINA – EMS firm Plexus Corp. said today that it has entered into an agreement to purchase land for the construction of a new manufacturing facility here, adjacent to its current facility.
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