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Cookson Electronics Announces Portfolio Restructuring
July 30, 2003 |Estimated reading time: Less than a minute
Foxboro, Mass. — As part of a wide restructuring plan, Cookson Electronics, a division of Cookson Group plc., is exiting and selling its equipment business.
This decision will not affect their materials businesses: Alpha Metals, Fry, Enthone, Polyclad Laminates and SCS (Specialty Coating Systems). The decision relates to Speedline Technologies and its product lines: MPM, Camalot, Electrovert and Accel.
The company states that the intensity of recent cycles and variability in the equipment marketplace has led it to sell this business and focus its resources on the core business of developing and producing advanced materials for both the electronics and surface finishing industries.
Cookson Electronics is the world's leading supplier of circuit board manufacturing and assembly solutions. For more information, visit www.cooksonelectronics.com.