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Summit Interconnect, Inc. is pleased to announce the acquisition of ITL Circuits.
Established in 1971 and located in Toronto, Canada, ITL Circuits is one of North America’s leading providers of printed circuit boards. The oldest and largest privately held PCB manufacturer in Canada, ITL Circuits provides a significant expansion of Summit’s operations in North America.
ITL Circuits is AS9100, NADCAP and MIL-PRF 31032 certified and has a long history of servicing military programs for the Canadian Department of National Defense (DND) prime contractors and Australian Defense Force (ADF) primes. ITL Circuits is also a long time supplier to the United States DOD prime contractors under U.S. ITAR 126.5 under the Canadian Controlled Goods (CGP) exemption.
Shane Whiteside, president and CEO of Summit Interconnect, Inc. stated, “ITL’s capabilities complement Summit’s and will provide additional volume manufacturing capacity across a broad range of technology. The additional and meaningful scale will further strengthen our ability to serve our customers and broaden our relationships with key suppliers. This is very exciting news for both Summit and ITL and we welcome our new Toronto employees to the Summit team.”
Nolan Johnson, PCB007
Twenty-plus years is a long time to lead a business during a long decline in the industry, but IMI President and CEO Peter Bigelow remains quite confident about the future. The company is in a strong financial position, running well, and looking at new technologies. So, what’s his biggest challenge? It’s not much different than any other manufacturer you talk to, and while he may not have all the answers, he’s clearly got insight to share.
Nolan Johnson, I-Connect007
It’s almost as if upheaval is the new normal. We often describe slow-moving but unstoppable change as moving in “geologic time.” But occasionally–like an earthquake–geology shifts suddenly. Here in my office, tracking the news of the industry, things are moving faster than geologic time, but more slowly than the jolt of an earthquake. The wave seems almost surfable, where before it seemed overwhelming. In this week’s list, we bring news from five different, high-vibration areas in our industry. If you read nothing else this week, these five items will keep you informed.
Nolan Johnson, I-Connect007
Investments, staffing, cybersecurity, and a peek into his crystal ball—John Vaughan, vice president of strategic markets at Summit Interconnect, sits down with Nolan Johnson to talk about it all. Business is good, by the way, thanks to Summit’s portfolio of military contracts, and he has sound advice to offer for smaller shops in the United States, and their real ability to make a difference in PCB fabrication.