ACDi Expands East Coast Presence with Acquisition of Fourth Manufacturing Plant
May 13, 2024 | ACDiEstimated reading time: 1 minute
ACDi, a leading provider of electronics manufacturing services, today announces the expansion of its East Coast presence and manufacturing capabilities with the acquisition of a fourth manufacturing plant in Kilmarnock, Virginia. The company signed an asset purchase agreement with QinetiQ to acquire their Virginia facility and its assets, including SMT, wave soldering, AOI and SPI equipment. The deal brings ACDi to 4 East Coast locations with a total of 9 SMT lines.
Along with the asset purchase will be the addition of all manufacturing employees and several new customers. ACDi will continue to build product for the customers previously served at the 140 Technology Park Dr, Kilmarnock, Virginia location to its AS9100 quality certification and plans to add new customers and personnel to meet growing demand for its capabilities.
“This deal not only allows us to add new customers and expand our capacity to better serve existing customers, but it provides an opportunity for skilled labor hiring in the Kilmarnock, Virginia region,” said Bill Hornbaker, President and CEO at ACDi. “This manufacturing plant addition is part of our growth strategy and goal to be the premier provider of electronics manufacturing services on the East Coast.”
“We are thrilled to welcome a leading provider of electronics manufacturing services to Kilmarnock,” said Shawn Donahue, Mayor of Kilmarnock. “ACDi’s commitment to growth and excellence aligns perfectly with Kilmarnock’s spirit. Together, we look forward to fostering new opportunities, serving customers with top-notch quality and contributing to the skilled labor force in our region.”
Suggested Items
SP Manufacturing Expands with New Malaysia Plant, Acquires Ideal Jacobs
12/26/2024 | PRNewswireSP Manufacturing (SPM), a leader in Electronic Manufacturing Services (EMS), is strengthening its global presence with two major moves: opening a new manufacturing facility in Senai, Malaysia, and successfully acquiring Ideal Jacobs Corporation.
Mycronic Receives $6-8 Million SLX Mask Writer Order
12/26/2024 | MycronicMycronic AB has received an order for an SLX mask writer from an existing customer in Asia. The order value is in the range of $6 to $8 million. Delivery of the system is planned for the first quarter of 2026.
Delta Electronics, Cal-Comp Strengthen Partnership to Drive Innovation in Industrial Automation
12/25/2024 | Delta ElectronicsDelta Electronics (Thailand) Public Company Limited, a global leader in power management and IoT-based smart green solutions, and Cal-Comp Electronics (Thailand) Public Company Limited (SET Ticker: CCET), a leading industry 4.0+ electronics manufacturing services (EMS) provider, have signed a Memorandum of Understanding (MOU) to deepen their collaboration in industrial automation.
SMT Mounter Market Size Projected to Reach $5.06 Billion by 2030
12/23/2024 | openPRAccording to the new market research report "Global SMT (Surface-mount Technology) Mounter Market Report 2024-2030", published by QYResearch, the global SMT (Surface-mount Technology) Mounter market size is projected to reach USD 5.06 billion by 2030, at a CAGR of 4.7% during the forecast period.
Delta Honored as Top 10 Best Taiwan Global Brands
12/23/2024 | Delta ElectronicsDelta, a global leader in power management and a provider of IoT-based smart green solutions, was selected as one of the “2024 Best Taiwan Global Brands” for the 14th year in a row, ranking among Taiwan's top 10 global brands.