MILWAUKEE, WI – EMS firm Milwaukee Electronics is merging with a San Diego-based electronics design service bureau, the firms announced today.
Milwaukee Electronics, which has assembly plants in Wisconsin and Oregon, will acquire San Diego PCB for an undisclosed sum. San Diego PCB founder Mike Creeden will join Milwaukee Electronics as a vice president.
“San Diego PCB is a best-in-class engineering PCB layout design service,” said P. Michael Stoehr, Milwaukee Electronics’ president and CEO. “We see it as a great fit for our engineering-driven focus in the electronics manufacturing services market, and we have chosen to refer to this transaction as a merger to better reflect the collaborative environment it is creating.
“Mike Creeden and his team have listened to their customers and created a business model that gives each customer a Virtual CAD layout department. From an organizational perspective, we are completely aligned on the importance of maintaining the breadth of expertise and superior training standards found in the organization. Mike has joined our team as vice president of layout services, with a portfolio of responsibility that includes both leading our layout services organization and expanding it geographically.”
“My goal in choosing to sell the company was to align with a partner that would enable more rapid, controlled growth than was possible as a standalone entity,” said Mike Creeden, vice president of layout services. “Milwaukee Electronics has the same commitment to doing it right the first time that we do. They also understand the value of customer-driven services and the need to allow customers to buy the services they require. Their business model already provides customers the choice of transaction-based or bundled services from engineering through volume manufacturing and our team adds to those offerings. Our customers now have a much broader menu of services to choose from as well.”