East West Manufacturing Acquires SureTech Assembly
Thursday, October 31st, 2019
East West Manufacturing, LLC (“East West” or the “Company”), a global design, manufacturing and distribution business, announced that it has acquired SureTech Assembly, Inc. (“SureTech”), a specialized provider of manufacturing, assembly, testing and rework services related to wire and cable interconnects and harnesses, electromechanical assemblies and box builds. SureTech was founded in 2000 and is located near the Research Triangle in North Carolina. The acquisition of SureTech further enhances the growth of East West and advances the Company’s strategic focus on growing its domestic electronics manufacturing capabilities and expanding U.S. manufacturing operations.
“We found the perfect partner with SureTech to expand our existing manufacturing operations in the Raleigh area.” said Scott Ellyson, East West Co-founder and CEO. “SureTech has a longstanding reputation for putting its customers first. This acquisition allows us to offer our customers even greater domestic, higher mix, lower volume, quick turn electronic manufacturing services, with a focus on specialized wire and cable interconnects and harnesses. Best of all, our collective design, manufacturing and supply chain capabilities will enable us to provide even higher levels of service and support to customers on a global basis.”
East West Board member Bob Nardelli said, “This acquisition aligns perfectly with our strategy of building our portfolio by incorporating companies offering innovative and diverse solutions to our collective and growing customer base.”
Alex Mammen, Heritage Growth Partners Founder and East West Board member added, “The addition of SureTech, our second acquisition in the Raleigh area and our third overall in North Carolina, provides East West with the ability to marry its high-volume international design, manufacturing and distribution capabilities with a well-respected, domestic manufacturer to address the full spectrum of customer needs from new product design and development to full-scale production. We expect the East West-SureTech combination to gain significant market share through these expanded capabilities, particularly within the growing corporate and public innovation centers in and around North Carolina.”
Ron Bowman, Founder and CEO of SureTech said, “The leadership team and all the associates here at SureTech are excited about becoming part of the growing East West family. Our capabilities, culture and customer first focus align perfectly. We expect the new combined company to help our customers in so many new ways!”