| August 1, 2006 |
Adcotron has received a new round of funding from outside investors. This injection of capital has further strengthened Adcotron’s financial position. We currently have a healthy balance sheet and no debt. We also have an established line of credit with Sovereign Bank of $2.5 M. With the increasing backlog for PCB assembly and systems integration, we have increased manpower by 25% to meet this demand. We expect this dramatic growth to continue over the next few quarters, and beyond.
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May 22, 2006
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Adcotron has obtained the Alpha Lead-Free Process Capability Validation Certificate for SMT soldering of PCBs with Pb-Free solder paste. It has fully complied with Cookson Lead-Free Process Capability Standards which are based upon applicable IPC specifications for
Lead-Free.
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Adcotron has been certified by the Massachusetts State Office of Minority and Women Business Assistance (SOMWBA) as a minority owned business enterprise (MBE). |
| November 1, 2005 |
Adcotron EMS Inc. acquired the assets of Advanced Electronics Inc., inheriting its almost 30 years of dedicated expertise in high quality electronics manufacturing. |
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