CTS Corporation Consolidates Business Units to Strengthen Resources - Enhance Growth Opportunities.ELKHART, Ind.--(BUSINESS WIRE)--Aug. 16, 1999-- CTS (1) (Clear To Send) The RS-232 signal sent from the receiving station to the transmitting station that indicates it is ready to accept data. Contrast with RTS. (2) (Common Type System) The data typing used in . Corporation announced that effective August 16, 1999, its Electrocomponents business which, in part, designs and manufactures variable resistor resistor, two-terminal electric circuit component that offers opposition to an electric current. Resistors are normally designed and operated so that, with varying levels of current, variations of their resistance values are negligible (see resistance). , encoder and switch products, will be integrated into CTS' Resistor Products business to form a unified strategic business "CTS Resistor/Electrocomponents." Simultaneously, CTS Electrocomponents' loudspeaker and electromechanical The use of electricity to run moving parts. Disk drives, printers and motors are examples. Electromechanical systems must be designed for the eventual deterioration of moving components that wear over time. The first TVs were electromechanical systems (see video/TV history). assembly products will be integrated into CTS' Automotive Products business. All customer support personnel and manufacturing facilities will remain unaffected. Commenting on the consolidations, Bing Harding, Group Vice President, CTS Corporation stated: "Today's actions will improve the synergy, focus, manufacturing resources and technical capabilities of the integrated CTS businesses and will enhance the Company's capability to develop new products that address the advanced market requirements of the future." For additional news on CTS Corporation, visit our website at www.ctscorp.com...Home Page...What's New. CTS Corporation (NYSE NYSE See: New York Stock Exchange :CTS) designs, manufactures and sells a broad line of electronic components and custom electronic assemblies for OEM (Original Equipment Manufacturer) The rebranding of equipment and selling it. The term initially referred to the company that made the products (the "original" manufacturer), but eventually became widely used to refer to the organization that buys the products and customers primarily in the communications equipment, automotive and computer equipment markets worldwide. CTS operates manufacturing facilities in the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. , Canada, Mexico, Scotland, Singapore, Taiwan and China. For additional information, visit our website at www.ctscorp.com. |
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