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Sparton Corp. shareholders have approved the adoption of the previously announced Agreement and Plan of Merger dated as of July 7, 2017 by and among Sparton, Ultra Electronics Holdings plc and Ultra Electronics Aneira Inc.
The transaction remains subject to certain other customary closing conditions and the parties continue to work towards completion of the transaction.
Sparton Corporation (NYSE:SPA), now in its 118th year, is a provider of complex and sophisticated electromechanical devices with capabilities that include concept development, industrial design, design and manufacturing engineering, production, distribution, field service, and refurbishment. The primary markets served are Medical & Biotechnology, Military & Aerospace, and Industrial & Commercial. Headquartered in Schaumburg, IL, Sparton currently has thirteen manufacturing locations and engineering design centers worldwide. Sparton’s Web site may be accessed at www.sparton.com.
Thilo Sack, Alex Chen, James Huang, and Sam Khoo, CELESTICA INC.
The first three industrial revolutions came about because of mechanization, electricity and IT. Now, with the advent of the Industrial Internet of Things (IIoT) and services making their way into the manufacturing environment, we are seeing the arrival of a fourth industrial revolution, Industry 4.0.
Neil Sharp, JJS Manufacturing
UK Manufacturing would appear to be experiencing both an exciting and a disconcerting time, according to the findings of the Annual Manufacturing Report 2018. This year's report set out not just to provide a statistical snapshot of the industry, but to test the mood of manufacturers across a range of issues from technology to training.
Sue Poole, JJS Manufacturing
According to latest figures by the Office for National Statistics (ONS), the split between male and female employees in UK's manufacturing industry is significant—with men accounting for 76% of the total manufacturing workforce and women making up just 24%. So, what exactly is being done to encourage the recruitment, and retention, of more women within the UK manufacturing environment?