DDL Electronics in Newbury Park reported that SMTEK Corp., one of its subsidiaries, has signed a long-term partnership agreement with Haas Automation for the manufacture of customized electronic assemblies.
"This is a very substantial long-term engagement which we expect to ramp up to more than $10 million on an annualized basis," said Gregory L. Horton, president of DDL and SMTEK. "It represents another important step in our strategy of building partnerships with high-quality, growth-oriented companies."
