Printed Circuit Design & Fab Online Magazine - Tech-Etch Announces Sale of Company to Employees

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Printed Circuit Design & Fab Magazine

PLYMOUTH, MA -- Tech-Etch today announced the sale of 100% of the company to its employees through an employee stock ownership plan.

Financial and other terms were not disclosed.

Tech-Etch operates plants in Plymouth and Fall River, MA, and in Litchfield, MN. It supplies precision engineered parts to the medical device, aerospace and instrumentation industries.

An ESOP is a qualified defined-contribution employee benefit plan that provides a company's workforce with an ownership interest in the company.

Tech-Etch was founded in 1966 by George E. Keeler. The company was a pioneer in the photo-chemical etching process and grew in step with high-tech manufacturing industries. Keeler stepped down in 2016 and today the company is led by president and CEO Richard A. Cammarano.

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Tech-Etch Announces Sale of Company to Employees

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