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April 15, 2015
Sparton Corporation has completed a merger with Hunter Technology Corporation in an all-cash transaction. The company specializes in electronic contract manufacturing for military and aerospace applications.
Hunter Technology is a provider of engineering design, new product introduction and full-rate manufacturing.
“The addition of Hunter Technology meets the criteria of our growth strategy by providing further expansion regionally into Northern California, diversifying our customer base through both existing programs and a strong business development pipeline, increasing our engineering service capabilities and NPI offerings, and continuing to increase the number of complex sub-assembly and full device programs within Sparton. Additionally, they bring solid, long-term customer relationships that we believe will utilize Sparton’s expanded list of service offerings such as our low cost country footprint in Viet Nam and full complement of engineering design capabilities,” said Cary Wood, president & CEO of Sparton Corporation.
For more information, visit Sparton.
Sources: Press materials received from the company and additional information gleaned from the company’s website.
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