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Electronics Production | July 27, 2010

CTS decrease sales in EMS in Q2

EMS sales decreased 6% from the same period last year for CTS Corporation.

However, excluding the end-of-life sales to Hewlett-Packard (HP), EMS sales increased 3% year-over-year.  The 3% year-over-year increase was driven primarily by stronger sales in the communications market.  EMS second quarter 2010 sales improved 19% sequentially over the first quarter, with increases reported across most markets reflecting improved general economic trends.
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