Dan's Biz Bookshelf: 'Revenge of the Tipping Point'
Marcy's Musings: Engineering Economics
Punching Out: Should You Sell Your Company to a Private Equity Firm?
Equipment Technologies Inc Acquired by Redfern Companies
July 19, 2022 | InsulectroEstimated reading time: 1 minute
Hudson, NH-based Equipment Technologies, Inc. (ETI) announces it will be acquired by The Redfern Companies. ETI specializes in selling and installing new equipment and offering maintenance services to the circuit board industry worldwide. ETI product and service offerings will be supported by Insulectro, the largest distributor of materials and services for PCB manufacturers in North America.
“ETI looks forward to taking this next step with Insulectro,” commented Jon Pelletier, ETI President. “In bringing UCE’s new equipment lines and our highly skilled technicians and pairing them with the Redfern Companies’ extensive portfolio of resources; we expect an unprecedented opportunity for growth and expansion. I feel this is a great opportunity for both ETI and our customers. I look forward to personally continuing with the new company and helping to grow and provide cutting edge solutions to our industry.”
Speaking on behalf of the Redfern Companies, Patrick Redfern commented, “Effective August 1, 2022, we will acquire the company ETI to augment our current offering of equipment sales and service. This is a big step toward supporting our customers as they automate their manufacturing process. Inclusive with ETI, Insulectro will be able to offer ‘connected factory’ solutions by bringing our world-class materials, and cutting-edge equipment along with our custom process control systems (provided by our Focus Tech chemical company) for every process in the fabrication facility.
“I am excited to welcome the ETI team to our family. Jon, who will remain President, has 30 plus years of equipment experience and strong relationships in the industry worldwide” continued Redfern. “ETI will relocate to our Londonderry, NH, facility to better leverage our resources and provide a base for the introduction of new equipment from Universal Circuit Board Equipment Co., Ltd. (UCE) which is a higher-end equipment manufacturer selling a variety of PCB manufacturing equipment, especially in the wet process area.
“We plan to combine our game-changing InduBond® induction press offering with new offerings from UCE to expand dramatically into the new equipment sales market. Combining ETI’s connections and experience with our nationwide presence and reputation in the industry, we look forward to engaging our customers in new ways.”
Redfern concluded, “Another step to enable our customers to build better boards, faster.”
Share on:
Suggested Items
I-Connect007 Editor’s Choice: Five Must-Reads for the Week
11/22/2024 | Andy Shaughnessy, I-Connect007In this week’s roundup, I’m highlighting a variety of articles. We have an interview with Jess Hollenbaugh, a recent graduate working for Polar Instruments. We also have an interview with IPC’s Matt Kelly and Devan Iyer, whose white paper may provide a way forward for companies dealing with complex advanced packages. Our newest columnist Tom Yang describes the U.S. PCB industry from the point of view of a technologist from another country, and Dan Beaulieu has a review of Malcolm Gladwell’s follow-up to The Tipping Point. Finally, we have my review of PCB Carolina, a one-day tabletop show that keeps expanding, much like my waistline after eating their catered food. Enjoy!
Western Digital CEO David Goeckeler Elected Chair of Semiconductor Industry Association
11/22/2024 | SIAThe Semiconductor Industry Association (SIA) today announced Western Digital CEO David Goeckeler has been elected Chair of the SIA Board of Directors. SIA represents 99% of the U.S. semiconductor industry by revenue and nearly two-thirds of non-U.S. chip firms.
Meet Polar's New Product Specialist Jess Hollenbaugh
11/21/2024 | Andy Shaughnessy, I-Connect007At PCB West, I spoke with Jess Hollenbaugh, a recent college graduate who has now joined Polar Instruments. In this interview, she shares her journey from a physics student focused on high-energy astrophysics to her new role at Polar. Her insights provide a glimpse into the dynamic opportunities awaiting those who venture into this evolving industry.
SIA Applauds CHIPS Award for Semiconductor Research Corporation’s SMART USA Institute
11/21/2024 | SIAThe Semiconductor Industry Association (SIA) released the following statement from SIA President and CEO John Neuffer commending the announcement that the U.S. Department of Commerce and the Semiconductor Research Corporation Manufacturing Consortium Corporation (SRC) are entering negotiations for the Commerce Department to provide SRC $285 million to establish and operate the CHIPS Manufacturing USA Institute for Digital Twins.
IPC Issues Clarion Call for EU to Reclaim Leadership in Electronics Manufacturing
11/21/2024 | IPCIPC released a synopsis of its recent white paper, Securing the European Union’s Electronics Ecosystem. This condensed document presents a comprehensive overview of the current challenges in Europe’s electronics manufacturing industry and shares actionable steps to help the EU achieve a stronger, more autonomous ecosystem.