Nolan’s Notes: Finding Your Sweet Spot
Standard of Excellence: Delivering Excellence—A Daily Goal
Knocking Down the Bone Pile: Tin Whisker Mitigation in Aerospace Applications, Part 3
CapitalWorks Announces Merger of Libra Industries and GEMCITY Engineering and Manufacturing
December 20, 2019 | CapitalWorksEstimated reading time: 1 minute
CapitalWorks is excited to announce that its contract manufacturing portfolio companies Libra Industries (“Libra”) and GEMCITY Engineering & Manufacturing (“GEMCITY”) have merged and will operate as Libra Industries going forward. Rod Howell, the former owner and CEO of Libra, will serve as CEO of the combined business.
The merger leverages the leading capabilities of both businesses and creates a vertically integrated contract manufacturer providing electronic manufacturing services (EMS) to OEMs in the Aerospace & Defense, Medical, Semiconductor, Communications and Industrial markets. With a full suite of contract manufacturing capabilities and services including complex assembly, printed circuit board assembly, precision machining, sheet metal fabrication, wire & cable harness, engineering, distribution and electronic box build capabilities, Libra Industries specializes in managing its customers’ entire complex bill of material for the duration of their program lifecycles.
“The team at Libra Industries is excited about enhancing the value we provide to customers by combining the world class contract manufacturing capabilities of both legacy businesses. We are committed to managing our OEM clients’ products from initial design and prototype through full production,” remarked Howell. “This merger allows us to improve the time to market, reduce total system costs and increase quality on an even greater scale for our OEM customers.”
“Libra is a vertically integrated contract manufacturing platform positioned to serve blue-chip OEMs who desire a sophisticated partner on low to mid volume programs. We believe the combination enhances value to the existing customers of both businesses and opens up exciting new opportunities for the combined Libra Industries platform,” stated Todd Martin, CapitalWorks Managing Director.
Libra Industries has facilities in Mentor, OH, Dayton, OH, Dallas, TX, and Willoughby, OH. Libra continues to evaluate acquisitions that would provide additional capabilities and new geographies. No changes are anticipated to the current manufacturing footprint of either legacy business.
Share on:
Suggested Items
Hon Hai Education Foundation Continues to Promote Quantum Education
07/04/2025 | FoxconnHon Hai Education Foundation has long been committed to promoting forward-looking technology education in Taiwan's high schools, and held the "High School Quantum Teacher Training Camp" in Tainan City on July 1.
Incap UK Achieves JOSCAR Zero Accreditation
07/04/2025 | IncapIncap Electronics UK has been accredited under JOSCAR Zero, a new sustainability-focused extension of the defence and aerospace sector’s supplier assurance system.
Kitron Secures Contract for Components Supporting Unmanned Aerial Systems
07/04/2025 | KitronKitron has received a contract with an estimated value between EUR 4 and 8 million for the production and supply of advanced electronic components used in unmanned aerial systems (UAS).
NOTE Receives Order Worth 132 MSEK and Expands Collaboration with Customer within Security & Defense
07/04/2025 | NOTENOTE has received an order worth SEK 132 million from one of its existing customers operating within Security & Defense. NOTE thereby strengthens its long-term collaboration with the industry-leading customer.
Delta SEA Partner Event 2025 Unites Regional Partners to Embrace a “Future Ready” Vision
07/03/2025 | Delta ElectronicsDelta Electronics (Thailand) Public Company Limited, successfully hosted its Delta SEA Partner Event 2025: Future Ready at Delta Chungli Plant 5, Taiwan on June 10 – 11 , 2025.