Park Electrochemical Completes Sale of Electronics Business to AGC


Reading time ( words)

Park Electrochemical Corp. has completed the sale of its electronics business to AGC Inc., formerly Asahi Glass Co., Ltd., based in Tokyo, Japan, for $145 million in cash. The electronics business develops and manufactures high-technology digital and RF/microwave printed circuit materials principally for the telecommunications and internet infrastructure, enterprise and military/aerospace markets, and includes manufacturing facilities in Singapore, France, Arizona and California and R&D facilities in Arizona and Singapore.

“To AGC, I would like to wish you the best of luck and congratulate you on your purchase of Park’s iconic and very special Electronics Business,” said Brian Shore, Park’s chairman and CEO.   

“To Park’s Electronics Business employees, I would like to wish you the very best of luck in the future, and I would like to thank you for your outstanding service to Park over the years.  Although most of you never met my father, I am quite sure that, if Jerry was still with us, he also would want to thank you for your outstanding service to Park over the years.  I will think of you often, and I surely will miss you.  I admire and respect you so very much, and it has been my honor and privilege to work with you over our many years together.  I wish each and every one of you the very best of everything in the future,” Brian Shore concluded.

Share

Print


Suggested Items

IPC Europe Shares Technical Education and Standards Awareness

04/22/2020 | Pete Starkey, I-Connect007
Against a background of COVID-19 uncertainty and unprecedented challenges, but recognizing the vital importance of continuing to educate engineers and share the knowledge and skills required to manufacture boards and assemblies of the highest yields and reliability, the IPC Europe team hosted a technical webinar for the European electronics industry, featuring the expertise of two of I-Connect007’s regular columnists: Mike Carano and Jan Pedersen. Pete Starkey provides an overview.

Congratulations to Bhanu Sood! Dieter Bergman IPC Fellowship Award Recipient

03/16/2020 | Patty Goldman, I-Connect007
Patty Goldman speaks with Dr. Bhanu Sood of NASA, Dieter Bergman IPC Fellowship Award recipient, about his extensive involvement with IPC on many committees developing standards to his work teaching professional development courses and mentoring young engineers.

Show & Tell Feature: Happy’s Highlights

03/12/2020 | Happy Holden, I-Connect007
Happy Holden traveled to San Diego for IPC APEX EXPO 2020. He was happy to get out of Grand Rapids, where the temperature had dropped to 28 degrees. In this article, he describes some of the highlights of the show, from beginning to end.



Copyright © 2020 I-Connect007. All rights reserved.