It’s Only Common Sense: Marketing Isn’t Fluff, It’s Ammunition
Driving Innovation: Mechanical and Optical Processes During Rigid-flex Production
The Chemical Connection: Onshoring PCB Production—Daunting but Certainly Possible
Ultra Acquires Furnace Parts LLC
October 14, 2015 | Ultra ElectronicsEstimated reading time: Less than a minute
Ultra announces that it has acquired Furnace Parts LLC for a cash consideration of $12m from Takoda Group LLC.
Furnace Parts is a developer and supplier of thermocouple-based temperature sensors for high performance and demanding applications in the nuclear and process control sectors. The acquisition will extend Ultra's specialist temperature sensing capabilities in both US and international markets.
The acquisition of Furnace Parts will be financed using Ultra's existing facilities and it is expected that the full accretion of earnings will occur during 2016. The company has 28 employees based in Cleveland, Ohio. The business will be integrated into Ultra's Nuclear Sensors & Process Instrumentation business based in Round Rock, Texas within Ultra's Aerospace and Infrastructure Division.
"I am pleased that we have been able to bring Furnace Parts into the Group as a part of our Nuclear Sensors & Process Instrumentation business. Furnace Parts brings complementary capabilities and products in support of Ultra’s continued growth in the sector," says Rakesh Sharma, Chief Executive.
Share on:
Testimonial
"Advertising in PCB007 Magazine has been a great way to showcase our bare board testers to the right audience. The I-Connect007 team makes the process smooth and professional. We’re proud to be featured in such a trusted publication."
Klaus Koziol - atgSuggested Items
Nortech Systems Incorporated Earns AS9100 Certification for Monterrey, Mexico Facility
11/04/2025 | BUSINESS WIRENortech Systems, Incorporated, a leading provider of design and manufacturing solutions for complex electromedical devices and electromechanical systems, announced that its Monterrey, Mexico, facility has achieved AS9100:D certification.
PsiQuantum, Lockheed Martin Form Strategic Collaboration to Accelerate Quantum Computing for Aerospace and Defense
11/04/2025 | BUSINESS WIREPsiQuantum and Lockheed Martin have signed a memorandum of understanding (MoU) to accelerate the development of quantum computing applications in aerospace and defense.
Aircraft Wire and Cable Market to surpass USD 3.2 Billion by 2034
10/30/2025 | Global Market Insights Inc.The global aircraft wire and cable market was valued at USD 1.8 billion in 2024 and is estimated to grow at a CAGR of 5.9% to reach USD 3.2 billion by 2034, according to recent report by Global Market Insights Inc.
Honeywell Announces Updated Business Segment Structure Ahead Of Aerospace Spin-Off
10/28/2025 | HoneywellHoneywell announced its updated business segment structure ahead of the planned separation of its Aerospace Technologies business, expected in the second half of 2026, and its Solstice Advanced Materials business, expected to be completed on October 30, 2025.
Lockheed Martin Signs Strategic Partnership Framework with Korean Air
10/28/2025 | Lockheed MartinLockheed Martin is collaborating with Korean Air to explore opportunities to support the U.S. government’s (USG) Regional Sustainment Framework (RSF) initiative, as well as expand Maintenance, Repair, Overhaul & Upgrade (MROU) cooperation to third-country markets.