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Follow on Google News | Electronic Technologies International Acquires Able CableElectronic Manufacturing Services provider, ETI, has acquired Harvard, IL manufacturer Able Cable.
ETI President and Owner William Brink, said the announcement is great news for Midwestern OEMs and customers looking to outsource their wire harness/cable assemblies. “Our team is very excited for the two businesses to come together and begin serving a broader customer base together. By combining resources and technical capabilities, the two companies stand to offer a more robust set of manufacturing capabilities to current and future partners. With both companies committed to cost-effective, quality manufacturing processes, this is a win-win for the industry.” Founded in 1990, ETI is an ISO 9001:2008 certified contract manufacturer that specializes in wire harnesses, printed circuit board assemblies, and panel/box builds for a variety of OEMs across the country. A leader in the electronic manufacturing services sector, ETI has demonstrated its ability to provide contract manufacturing for medical, light and heavy industrial, military, aerospace, agriculture and other industries. The acquisition of Able Cable is the company’s fourth acquisition in the past 11 years. Richard Knaack, President and Owner of Able Cable, said he is looking forward to being able to offer some of the expanded technical and engineering capabilities that ETI has been known for in the EMS and contract manufacturing industry. “With the additional capabilities of printed circuit board assembly and panel builds, we can offer our customers a more fully integrated electronic manufacturing service. The acquisition by ETI ensures that the customers of Able Cable will be able to see immediate benefits.” Since 1949, Able Cable, a family owned enterprise, has been providing reliable wire harness assemblies to its customers in a variety of industries. Knaack announced that the sale of Able Cable to ETI is in keeping with his succession plan and he is confident ETI will uphold the values and quality that Able Cable had been known for under two generations of Knaack family ownership. The two businesses, under ETI leadership, plan to grow significantly within the Midwestern electronic manufacturing sector. Information about products and services is available at www.etimfg.com. End
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