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East West Manufacturing, a global design, manufacturing and distribution business, has acquired General Microcircuits, a large provider of specialized electronics manufacturing services, including advanced printed circuit board assemblies, box-build assemblies, testing, and new product introduction services. GMI was founded in 1980 and operates manufacturing facilities in Mooresville, North Carolina and San Jose, Costa Rica. The acquisition of GMI further enhances the growth of East West and advances the Company’s strategic focus on growing its global electronics capabilities by significantly expanding its U.S. and near-shore manufacturing operations.
“When Jeff Sweeney and I co-founded East West in 2001, we envisioned a global manufacturing company with a breadth of on-shore, near-shore and off-shore design, manufacturing and distribution capabilities to serve the full spectrum of customer needs. Our partnership with GMI allows us to offer a truly global supply chain to our customers,” said Scott Ellyson, East West CEO. “GMI has a long history of exceptional customer service. This acquisition, along with our recent acquisition of Team Manufacturing, allows East West to offer customers domestic and near-shore higher mix, lower volume, quick turn advanced electronics manufacturing services. 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.”
“The leadership team, the associates here at GMI, and I, are all excited to join the East West family. Our culture, capabilities and commitment to putting customers first aligns perfectly. We are all very excited to bring the full breadth of capabilities to our collective customers,” said Dave Dalton, president and CEO of GMI.
“This second acquisition, which follows the September 2018 acquisition of Team Manufacturing near Raleigh, North Carolina, further advances our strategy of building our portfolio by incorporating companies offering global solutions to their customers,” said East West Board member Bob Nardelli.
“The acquisition of GMI provides East West with the ability to marry its high-volume international design, manufacturing and distribution capabilities with a large, domestic manufacturer, with near-shore capabilities in Costa Rica, to address the diverse needs of customers from new product design and development to full-scale production,” added Alex Mammen, Heritage Growth Partners Founder and East West Board member.