Jul 30 2009
CTS Corporation (NYSE: CTS), a global leader in the design and manufacture of electronic components, today announced that CTS Electronic Components has been awarded a production program from a major industrial North American manufacturer for its piezoceramic products.
First deliveries of these photolithographic processed piezo wafers will start in the third quarter 2009. Revenues from this award are expected to reach approximately $8 million over the next three to four years. This program win resulted from CTS’ excellent photolithographic metallization capabilities and the superior quality of piezoceramic materials. In addition to this program, prototypes for several other potential customers are currently being produced.
The piezo products will be produced in a recently established, high-tech photolithographic manufacturing operation within our existing Albuquerque facility. The Class 10,000 cleanroom includes semiconductor manufacturing processes that are utilized to manufacture complex piezoceramic structures for emerging markets.
CTS Electronic Components is a leading provider of engineered electronic components used in communications, computing, medical, defense and aerospace, industrial and consumer applications for OEMs and Contract Manufacturers worldwide. The Company has manufacturing locations in Albuquerque, New Mexico; Tucson, Arizona; Nogales, Mexico; Singapore; Zhongshan and Tianjin, China; and Kaohsiung, Taiwan.
CTS is a leading designer and manufacturer of electronic components and sensors and a provider of electronics manufacturing services (EMS) to OEMs in the automotive, computer, communications, medical, defense and aerospace and industrial markets. CTS manufactures products in North America, Europe and Asia. CTS' stock is traded on the NYSE under the ticker symbol "CTS.” To find out more, visit the CTS Web site at www.ctscorp.com.