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Sierra Circuits Purchases EMRISE Circuit Division |
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Written by Margo Lakin
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Thursday, 28 August 2008 |
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SUNNYVALE, CA– Sierra Circuits has acquired the assets to EMRISE Circuit Division (ECD), located in Monrovia, CA., for a reported $160,000 to be paid over a period of 18 months. In addition, Sierra has entered into a long-term supplier agreement in which the company will sell PCBs to the Digitran division of EMRISE at substantial discounts. EMRISE will be responsible for closing the building and shutting down the actual facility, expected to be completed by December, and Sierra will dispose of the majority of manufacturing equipment.
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