NCAB Group Acquires RedBoard Circuits in the USA
September 3, 2021 | NCABEstimated reading time: Less than a minute
NCAB Group has signed an agreement to acquire 100% of the shares in RedBoard Circuits, LLC in the USA. RedBoard Circuits has five employees and is estimated to have a revenue of approximately US$5 million 2021. The acquisition is estimated to be accretive to NCABs earnings per share in 2021.
“We are very happy that RedBoard Circuits becomes part of NCAB Group,” said Martin Magnusson, president of NCAB Group USA. “RedBoard Circuits will contribute to NCAB Group’s objective to take on a leading position in the U.S PCB market. RedBoard Circuits brings additional value to our North American segment with increased ability to offer our customers superior quality and service as well as more volumes to our existing factories. We have the same value-driven organization and the same focus on providing our customers excellent quality and service.”
“Since the company was founded in 2009, RedBoard Circuits has served customers across the United States with high quality PCBs and excellent service. Becoming part of NCAB will give us even more leverage to support our customers,” said Peggy Harris, owner of RedBoard Circuits.
Suggested Items
HQ NextPCB of HQ Electronics Debut on the International Stage for Electronics Manufacture at IPC APEX 2024
05/01/2024 | PRNewswireHQ NextPCB of HQ Electronics, a leading Chinese-based multilayer PCB manufacturer and assembly house showcased its industrial prowess on the international stage for the first time at the IPC APEX Expo 2024.
IPC's Vision for Empowering PCB Design Engineers
04/30/2024 | Robert Erickson, IPCAs architects of innovation, printed circuit board designers are tasked with translating increasingly complex concepts into tangible designs that power our modern world. IPC provides the necessary community, standards framework, and education to prepare these pioneers as they explore the boundaries of what’s possible, equipping engineers with the knowledge, skills, and resources required to thrive in an increasingly dynamic field.
On the Line With… Talks With Cadence Expert on SI/PI for PCB Designers
05/02/2024 | I-Connect007In “PCB 3.0: A New Design Methodology—SI/PI for PCB Designers,” subject matter expert Brad Griffin, Cadence Design Systems, discusses how an intelligent system design methodology can move some signal and power integrity decision-making into the physical design space, offering real-time feedback.
USPAE to Springboard U.S. Technology Forward
04/30/2024 | Marcy LaRont, PCB007 MagazineThe U.S. Partnership for Assured Electronics (USPAE) was launched as a nonprofit subsidiary of IPC in 2020, specifically to manage the DoD relationship and access to funding, and to develop a cooperative facility to develop UHDI capabilities in the U.S., not only for the defense sector, but for the whole of the U.S. electronics industry. It is a tall order, but industry veteran Joe O'Neil believes it will happen. Having been tasked with making the UHDI Capable Cooperative Production Facility (UCCPF) a reality, he provides an update on this important project for U.S. electronics manufacturing.
North American PCB Industry Sales Down 23.8% in March
04/29/2024 | IPCIPC announced the March 2024 findings from its North American Printed Circuit Board (PCB) Statistical Program. The book-to-bill ratio stands at 1.13.