Products
Services
|  |
Press Release
Interplex Nascal Acquires Production Assets
Tustin, CA – May 27, 2009. Interplex Nascal, Inc., a manufacturer of precision metal stampings, electromechanical components and assemblies and a division of Interplex Industries, Inc., announced today that it has acquired certain production assets and equipment from a California-based company in support of a new long-term supply agreement with Samtec Inc.
"We are excited to have obtained this technology and productive capacity to support the expansion of our relationship with Samtec," said Jim Martellotti, Interplex Nascal's President. "With this acquisition we have enhanced our capability to produce bandolier wire terminals and have improved the efficiency of our operations for this important customer."
"Samtec supports the recent purchase of these production assets by Interplex Nascal,” said Mark Baumann, Supply Chain Manager of Samtec Inc. “Samtec considers Interplex Nascal an important and strong supplier and looks forward to increased business with them in the future."
Jack Seidler, Interplex’s President and CEO, commented, “Even though today’s economic conditions are challenging, Interplex is in a strong position to take advantage of the many opportunities that currently exist worldwide.” Seidler added, “We have always been long-term planners and anticipate California to be one of our key operating locations for future growth when the economy recovers.”
Founded in 1958 Interplex Industries, Inc. is headquartered in College Point, NY. The company continues to expand its technology and capabilities in the areas of product design and application development services, metal etching, prototyping, tool design and build, precision metal stamping, die casting, precision machining, plating and finishing, insert and injection molding, assembly and full scale automation services around the world. Interplex currently provides its services to the communications, electronics, industrial, medical and automotive markets and has facilities in the United States, Mexico, China, Singapore, India, Malaysia, Korea, Scotland, France, Germany and Hungary.
| |
|