ELKHART, IN -- Electronics manufacturer CTS Corp. said today it entered into an bank agreement providing it with a $100 million unsecured revolving credit facility through June 2011.

The company, which makes parts for medical and automotive customers and performs some contract electronics assembly, said it will also have access to an additional $50 million.

CTS said it plans to use the loan for general corporate purposes, including strategic acquisitions.

CTS customers include Hewlett-Packard and Motorola.

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