Circuits Assembly Online Magazine - Adeptron Inks $15M Outsourcing Deal

TORONTO – Adeptron Technologies will provide $15 million a year in electronics manufacturing services to an undisclosed OEM, the EMS firm said today.

The deal has "the potential to increase significantly," Adeptron said, because of sales growth of the product lines and from possible additional manufacturing support services for other current and future products.

Adeptron said the Canada-based OEM designs a "top-selling range of proprietary technology products that are marketed worldwide." The company indicated the product is used in office and educational environments.

Full ramp of manufacturing is expected to take place during the first quarter 2009.

Adeptron has annual sales of $250 million, including revenues generated by a partner in China.