Corning acquiring interconnect, assembly maker TR Manufacturing
The acquisition will add to the Corning portfolio a California-based maker of fiber-optic and copper cable and component interconnects, electromechanical assemblies.
Corning Incorporated recently reached an agreement to acquire TR Manufacturing Inc., a Fremont, CA-based company that makes fiber-optic and copper cable/component interconnects as well as electromechanical assemblies for original equipment manufacturers (OEMs). Upon closing of the deal, which is expected in the first quarter of calendar year 2015, TR Manufacturing will be a wholly owned subsidiary of Corning and report to the Corning Optical Communications business segment. Financial terms of the acquisition were not disclosed.
“We are excited about the opportunity to expand Corning’s capabilities to service the growing bandwidth demand of all network operators,” said Clark S. Kinlin, executive vice president of Corning Optical Communications. “TR Manufacturing’s expertise, supported by Corning’s global infrastructure, will allow the new entity to better meet customer needs for innovative solutions. We look forward to building a bright future together with their talented team.”
When announcing the deal, Corning also commented, “The combination of TR Manufacturing’s capabilities with Corning Optical Communications’ portfolio of connectivity products and global manufacturing reach will enable Corning to extend its position as a leading provider of optical solutions.”
On its website, TR explains, “We offer an extensive range of high-performance fiber-optic cable interconnects designed to support various optical applications including standard and custom assemblies. All of our fiber-optic cables are built with industry-standard components exceeding Telcordia GR-326 specifications, ensuring the best optical connection for each filament. Whether the requirement is one cable or several thousand cables with standard or custom connectors, we can accommodate every need.” In addition to that description of its fiber-optic offerings, TR Manufacturing also provides details of its cable-and-harness and electro-mechanical product offerings, in addition to value-added services. You can visit TR Manufacturing’s website here.