VIRTEX Enterprises Acquires Altron Inc.

AUSTIN, Texas, March 15, 2021 (Newswire.com) - VIRTEX Enterprises ("VIRTEX"), a leading vertically integrated electronic manufacturing services provider headquartered in Austin, Texas, is pleased to announce the acquisition of Altron Inc. (Altron).

The Company's single-facility location near Minneapolis has allowed it to develop long-term relationships with key defense and medical customers in the region. With over 45 years of service within the EMS industry, Altron is known for its superior quality manufacturing of mission-critical products in the high-mix, low-volume production environment.

Brad Heath, CEO of VIRTEX, commented, "Altron extends VIRTEX's geographic reach further into the Midwest medical, aerospace and defense corridor, enhancing our relationships with key customers who we service in other regions. Altron also brings expanded expertise in medical device manufacturing to the VIRTEX platform, which will be beneficial for our existing customers. Adding Altron to the VIRTEX platform enhances the services and capabilities we can offer to both Altron's and VIRTEX's existing customers. It also provides disaster recovery capability for customers requiring 21 CFR 820 medical device certification, or IPC 610/J-STD Space and Satellite certification, increasing their security in the event of a local catastrophe."

Jim Merritt, Director of Sales of Altron, noted, "Being a part of VIRTEX gives our customers the added scale, financial stability and vertical manufacturing services of engineering design, wire and cable harness and precision machining services, as well as geographic locations where we have been unable to penetrate before. We look forward to creating opportunities and job growth as part of the VIRTEX family."

Find out more at VIRTEX.us.

About VIRTEX Enterprises

VIRTEX is a leading manufacturer of circuit card assemblies, high complexity cables and harnesses, precision machined parts and mission-critical electronic systems for small and medium-sized customer programs across a wide range of industries, including industrial, aerospace and defense, automotive, and medical. VIRTEX specializes in high-reliability markets requiring complex system level assembly and world-class supply chain resiliency. By providing a regionally focused market-segment approach, VIRTEX can bring greater value and innovation to its customers, improve OEM competitiveness, and deliver comprehensive, tailored solutions that are specific to each customer. VIRTEX is based in Austin, Texas, with additional manufacturing facilities in Plano, TX, Wisconsin, Massachusetts, New Hampshire, Virginia, New Jersey and Juarez, Mexico.

About Altron

Altron is a leading electronics manufacturing services ("EMS") company, located in Anoka, Minnesota, which provides assembly and test of highly reliable electronic assemblies to leading aerospace, defense, medical and industrial electronics companies. With over 45 years of service within the EMS industry, and the industry-leading certifications that critical customers demand, Altron is known for its superior quality manufacturing of mission-critical products in the low-to-medium volume production environment.

Source: VIRTEX