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Equipment Technologies Inc Acquired by Redfern Companies
July 19, 2022 | InsulectroEstimated reading time: 1 minute
Hudson, NH-based Equipment Technologies, Inc. (ETI) announces it will be acquired by The Redfern Companies. ETI specializes in selling and installing new equipment and offering maintenance services to the circuit board industry worldwide. ETI product and service offerings will be supported by Insulectro, the largest distributor of materials and services for PCB manufacturers in North America.
“ETI looks forward to taking this next step with Insulectro,” commented Jon Pelletier, ETI President. “In bringing UCE’s new equipment lines and our highly skilled technicians and pairing them with the Redfern Companies’ extensive portfolio of resources; we expect an unprecedented opportunity for growth and expansion. I feel this is a great opportunity for both ETI and our customers. I look forward to personally continuing with the new company and helping to grow and provide cutting edge solutions to our industry.”
Speaking on behalf of the Redfern Companies, Patrick Redfern commented, “Effective August 1, 2022, we will acquire the company ETI to augment our current offering of equipment sales and service. This is a big step toward supporting our customers as they automate their manufacturing process. Inclusive with ETI, Insulectro will be able to offer ‘connected factory’ solutions by bringing our world-class materials, and cutting-edge equipment along with our custom process control systems (provided by our Focus Tech chemical company) for every process in the fabrication facility.
“I am excited to welcome the ETI team to our family. Jon, who will remain President, has 30 plus years of equipment experience and strong relationships in the industry worldwide” continued Redfern. “ETI will relocate to our Londonderry, NH, facility to better leverage our resources and provide a base for the introduction of new equipment from Universal Circuit Board Equipment Co., Ltd. (UCE) which is a higher-end equipment manufacturer selling a variety of PCB manufacturing equipment, especially in the wet process area.
“We plan to combine our game-changing InduBond® induction press offering with new offerings from UCE to expand dramatically into the new equipment sales market. Combining ETI’s connections and experience with our nationwide presence and reputation in the industry, we look forward to engaging our customers in new ways.”
Redfern concluded, “Another step to enable our customers to build better boards, faster.”
Suggested Items
Big Win for Defense Production Act Budget Allocation in FY24 Budget
04/23/2024 | I-Connect007 Editorial TeamOne year ago, President Biden issued a determination that chips and packaging are critical for national security. Since that time, much work has been done to continue the conversation in Washington, elevating the importance of the entire chips value chain, and including printed circuit boards and substrates, without which chips cannot operate.
Zentech’s Board of Directors Announces the Return of Matt Turpin as President and CEO
04/22/2024 | Zentech ManufacturingTurpin draws upon over 35 years of experience in the electronics industry and has an 18-year history with Zentech. He previously served as President and CEO from 2006 to 2019 after which time he has remained active in the EMS industry as an advisor to Zentech and other industry organizations.
Aaron Woolf, Dylan Peterson Join SIA Team
04/22/2024 | SIAThe Semiconductor Industry Association (SIA) announced Aaron Woolf and Dylan Peterson have joined the SIA team. Woolf will serve as director of global policy for economic security and Peterson will be a communications associate. SIA represents 99% of the U.S. semiconductor industry by revenue and nearly two-thirds of non-U.S. chip firms.
It’s Only Common Sense: OCCAM—the Time Is Now
04/22/2024 | Dan Beaulieu -- Column: It's Only Common SenseOne of my favorite books is a little tome called Who Moved My Cheese? Even those of you who don’t spend a lot of time reading books have at least heard of it and know that it refers to people, especially in business, who are so stuck in their ways that they get upset when something changes. In our business, we know this kind of thinking is especially true. In fact, it always makes me laugh when one of my innovative friends finds a new way to do something and is afraid that someone will steal his idea. I always tell him that no one in our business, especially a PCB engineer, has ever thought about someone else’s innovative idea enough to steal it.
Digitalisation and ESG
04/19/2024 | Marina Hornasek-Metzl, AT&SDigitalisation and ESG are prominent and high-priority topics in the global business community. The first focuses on applying technology throughout the value chain to produce faster, smarter, and more desirable business outcomes. The latter emphasises the broader value a business is expected to create for its stakeholders from an environmental, social, and governance perspective.