NEOTech sells Massachusetts site
EMS provider NEOTech has reportedly sold its manufacturing plant in Westborough, Massachusetts.
The company sold the plant for USD 20.6 million last week, according to a report from the Worcester Business Journal, which cites the Worcester South District Registry of Deeds. The 200,000 square foot property was sold on November 16 to Lincoln Property Co., a Dallas -based commercial and residential real estate company. NEOTech did not respond when contacted by the WBJournal. At the facility NEOTech focused on low-to-medium volume, higher mix electronics production. Everything from prototyping to NPI to Box build took place here. The site is also certified according toISO 9001: 2015, ISO 13485: 2016, AS 9100: 2016 as well as ITAR and FDA registered.