PITTSBURGH -- Ducommun has sold its EMS business unit here to a private investment group for $38.5 million in cash, subject to post-closing adjustments.

The Pittsburgh unit supplies printed circuit boards and related assemblies to the industrial and energy markets. The business had sales of approximately $42 million in 2015.

“The sale of our Pittsburgh operation is a result of our ongoing strategic portfolio review. Exiting this non-core business strengthens Ducommun and focuses our organization on being a leading provider of unique, value-added solutions and technologies to the aerospace, defense and related markets,” said Anthony J. Reardon, chairman and chief executive officer. “While the Pittsburgh business is a well-run operation, by monetizing this asset we can reduce debt and redeploy capital toward more strategic applications, providing further value to our shareholders.”

Ducommun acquired the plant as part of its purchase of LaBarge in 2011. Previously, the site had been owned by Pinnacle Electronics. The new name of the company is not yet known.

The facility is 135,000 sq. ft. and employs more than 200 workers, according to the CIRCUITS ASSEMBLY Directory of EMS Companies.

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