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Electronics Production | November 18, 2010

Winland sells its EMS business unit

Winland Electronic has entered into a definitive agreement to sell its Electronic Manufacturing Services business unit to Nortech Systems.
The transaction, which has been approved by the Winland’s Board of Directors, is subject to further approval by Winland’s shareholders, Nortech’s bank and is expected to close during the first quarter of 2011. Winland will continue as a public company after the consummation of the sale and run its current proprietary products business unit.

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July 18 2018 5:55 pm V10.0.0-1