CTS announces plans for consolidation of Canadian operation
March 10, 2014 – CTS Corporation announced it intends to consolidate its Canadian operation in Streetsville, Ont., into other existing CTS facilities. The consolidation process is expected to be completed in the first half 2015. Operations at the Canadian facility will be transferred to CTS’ facilities in Mexico and China. The decision to consolidate the Canadian operation is part of CTS’ overall strategic plan to simplify its business model and rationalize CTS’ global footprint.
CTS is a leading designer and manufacturer of electronic components and sensors to OEMs in the automotive, communications, medical, defense and aerospace, industrial and computer markets. CTS manufactures products in North America, Europe and Asia.