Libra Industries acquires ACD
Libra Industries has announced the acquisition of electronics contract manufacturer ACD. The acquisition is a major step in Libra Industries’ strategy to increase revenues and capture a larger share of the electronics contracting market.
Libra Industries was founded in 1980 when the EMS industry was just getting started. Since then, the company has steadily grown because of its ongoing dedication to investing in people, quality systems and the latest manufacturing technology and processes. Like Libra Industries, ACD is an electronics contract manufacturer that produces PCBAs, resulting in a synergistic relationship and a perfect cultural fit.
Libra Industries has hired Scott Fillebrown, CTO, and Steve Schwaebler, VP of Operations, to operate the Libra Industries ACD facility. ACD employees will join the Libra Industries team. The investment in ACD demonstrates the company’s continued commitment to providing customised manufacturing solutions to help make its customers more competitive and improve their profitability.
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