CRANSTON, RI – AIM Solder has acquired the assets of Canfield Technologies, a fellow producer of solder assembly materials.

Financial and other terms were not disclosed.

Canfield’s production operations will be integrated into AIM’s facility in Mexico to optimize manufacturing processes and better serve the company's global clientele.

In a statement, AIM called the deal a "strategic move aims to enhance AIM’s growth, efficiency, and excellence in the industrial sector. ... Their commitment to superior customer service, innovative solutions, competitive pricing, and prompt delivery aligns seamlessly with AIM’s core values."

Sayreville, NJ-based Canfield Technologies has a longstanding reputation for manufacturing solders and fluxes for industrial, plumbing, electronics, and stained-glass applications. It was founded in 1844.

AIM said it is committed to providing exceptional service to Canfield’s customers during the transition.

“We are excited to welcome Canfield Technologies into the AIM family,” said Ron Sabourin, AIM’s industrial business manager. “This acquisition strengthens our position in the market and enhances our ability to deliver high-quality products and services to our customers.”

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