-
- News
- Books
Featured Books
- smt007 Magazine
Latest Issues
Current IssueSupply Chain Strategies
A successful brand is built on strong customer relationships—anchored by a well-orchestrated supply chain at its core. This month, we look at how managing your supply chain directly influences customer perception.
What's Your Sweet Spot?
Are you in a niche that’s growing or shrinking? Is it time to reassess and refocus? We spotlight companies thriving by redefining or reinforcing their niche. What are their insights?
Moving Forward With Confidence
In this issue, we focus on sales and quoting, workforce training, new IPC leadership in the U.S. and Canada, the effects of tariffs, CFX standards, and much more—all designed to provide perspective as you move through the cloud bank of today's shifting economic market.
- Articles
- Columns
- Links
- Media kit
||| MENU - smt007 Magazine
Myotek Acquires Electronics Manufacturer Amptech
November 13, 2018 | PRNewswireEstimated reading time: 1 minute
Founded in 1980, Amptech designs, engineers and manufactures circuit boards and other electronic assemblies for customers in automotive, utility and other industrial end markets and applications. The acquisition will allow Myotek to provide its customers with domestic production capabilities for its automotive lighting products. Amptech's Lee Wyatt will continue to serve as president of the company.
New Water Capital, L.P., views the addition of Amptech as a way to expand the capabilities of Myotek, a leading transportation LED lighting designer, manufacturer and supplier specializing in automotive forward lighting for several OEM automakers and other vehicle manufacturers. Myotek's acquisition of Amptech will strengthen the company's domestic manufacturing capabilities and allow the company to assemble lighting products across two continents.
"Amptech represents a highly strategic acquisition for the Myotek platform," said New Water Capital Partner Brian McGee. "Our partnership with Amptech will support Myotek's vision for expanding its lamp manufacturing capabilities domestically."
Plans are to expand existing Amptech manufacturing facilities in Michigan and Pennsylvania to accommodate customer demand. "We are excited that our partnership with New Water and Myotek will enable Amptech to grow, both in its historic core business segments as well as more deeply penetrate the automotive lighting end market," said Amptech President Lee Wyatt.
Myotek CEO Eric Showalter said the partnership with Amptech will differentiate Myotek from its competitors by offering its customers a shorter supply chain based in the United States. "Building out U.S. manufacturing will allow us to more efficiently support Myotek's growth and our customers over the coming years," Showalter said. "We are excited about the prospects of building our products right here in Michigan."
About New Water Capital, L.P.
New Water Capital, L.P. is a private equity firm focused on lower-middle market companies in transition, in the consumer, retail and industrial manufacturing and services sectors, with revenues of $30 million to $300 million. New Water Capital's collaborative transaction and operating model is built specifically to support companies in transition, building on their unique cultures and strengths.
Testimonial
"Our marketing partnership with I-Connect007 is already delivering. Just a day after our press release went live, we received a direct inquiry about our updated products!"
Rachael Temple - AlltematedSuggested Items
VVDN Expands Manufacturing Footprint into the UAE to Meet Global Demand
08/20/2025 | PRNewswireVVDN Technologies, a global provider of software, product engineering and electronics manufacturing services & solutions, today announced it is setting up a new manufacturing facility in the UAE as part of its global expansion strategy.
Haylo Labs Acquires Plessey Semiconductors
08/20/2025 | Haylo LabsHaylo Labs has acquired Plessey Semiconductors, the UK’s leading innovator in microLED display technology.
Kimball Electronics Veterans ERG Members Proudly Participate in the 5th Annual Honor and Remember Run
08/20/2025 | Kimball ElectronicsVeterans and Military Service Advocacy (VMSA) Employee Resource Group (ERG) members Michael Mosher (Database Administration Engineer), Michael Stone (Test Technician Team Lead), and Joshua Belcher (Application Development Manager) took part in the 5th Annual Honor & Remember Run, a meaningful event dedicated to honoring fallen service members. The race featured a powerful memorial wall constructed from dog tags.
Meet Incap UK at the Electronic Component Show 2025
08/20/2025 | IncapIncap UK is pleased to be exhibiting at the Electronic Component Show 2025. This one-day event will take place on 18 September at the Kassam Stadium in Oxford, bringing together design engineers, purchasing professionals, manufacturers, distributors, and service providers to discover new products, solutions, and contacts. You will find us at stand 52.
Hon Hai Rotating CEO Yang Qiujin Wins 2025 Golden Yang Award for Women’s Power in Technology
08/20/2025 | Hon Hai Precision Industry Co., Ltd.Amid the global rise of "female-powered technology," Yang Qiujin, Rotating CEO of Hon Hai Precision Industry Co., Ltd. (TWSE: 2317), the world's largest platform solutions provider, has been awarded the "2025 Golden Yang Award - Female-Powered Technology" by the China Software Association/China Software Industry Association.