BUSINESS SUMMARY: CTS Corporation engages in the design, manufacture, assembly, and sale of electronic components and sensors, as well as the provision of electronics manufacturing services worldwide. It operates in two segments, Electronics Manufacturing Services, and Components and Sensors.
The Electronics Manufacturing Services segment involves in the assembly of electronic and mechanical components into a finished subassembly or assembly, as well as provides manufacturing and completion services, including design, bill-of-material management, logistics, and repair services. This segment sells its products to the communications, computer, medical, industrial, and defense and aerospace original equipment manufacturer (OEM) markets, as well as to OEM customers in consumer electronics, instruments and controls, and networking. The Components and Sensors segment offers automotive sensors and actuators used in commercial or consumer vehicles; electronic components used in communications infrastructure and computer markets; components used in computer and other high-speed applications, switches, resistor networks, and potentiometers; and fabricated piezoelectric materials and substrates used primarily in medical, industrial, and defense and aerospace markets.
CTS Corporation sells its products through sales engineers, independent manufacturer’s representatives, and distributors. The company was founded in 1896 and is based in Elkhart, Indiana.