SigmaTron Int'l Acquires Certain Assets Liabilities Of Spitfire Control

RELATED NEWS

SigmaTron Int'l Posts Q3 Loss

Trade SGMA now with

6/1/2012 1:52 PM ET

SigmaTron International, Inc. (SGMA: Quote), an electronic manufacturing services company, said Friday that it has acquired certain assets and certain liabilities of privately-held Spitfire Control, Inc.

Spitfire Control, headquartered in Carpentersville, Illinois, is an original equipment manufacturer, or OEM, of electronic controls, with a focus on the major appliance industry.

It has captive manufacturing sites in Chihuahua, Mexico and suburban Ho Chi Minh City, Vietnam. These sites are among the assets acquired by SigmaTron.

SigmaTron has provided manufacturing solutions for Spitfire since 1994 and has been a strategic partner as Spitfire developed its OEM electronic controls business.

Click here to receive FREE breaking news email alerts for Sigmatron International Inc and others in your portfolio

by RTT Staff Writer

For comments and feedback: editorial@rttnews.com

Business News

Quick Facts

<<Previous 111 Articles Next>>

Editors Pick

Stocks Come Under Pressure Amid Worries About Fed - U.S. Commentary

After moving mostly higher over the course of morning trading on Wednesday, stocks have shown a notable move back to the downside in the afternoon. The major averages have pulled back well off their highs for the session and into negative territory. The major averages have moved roughly sideways in recent trading, lingering near their new lows for the session.

Immigration Reform Bill Clears Senate Judiciary Committee

Comprehensive immigration reform legislation took a step toward approval on Tuesday, as the members of the Senate Judiciary Committee voted to send the bill to the Senate floor. The Senate Judiciary Committee voted 13 to 5 in favor of the bill, with three Republicans joining with the panel's ten Democrats in voting to support the legislation.

U.S. Existing Home Sales Edge Up To Three-Year High In April

Existing home sales in the U.S. saw a modest increase in the month of April, according to a report released by the National Association of Realtors on Wednesday. NAR said existing home sales climbed 0.6 percent to a seasonally adjusted annual rate of 4.97 million in April from an upwardly revised 4.94 million in March.