CTS Corp (NYSE:CTS)

CTS Corp. designs, manufactures, assembles, and sells a broad line of electronic components and sensors and provides electronic manufacturing services primarily to original equipment manufacturers for the automotive, communications, defense and aerospace, medical, industrial, and computer markets. The company operates its business through two segments: Electronics Manufacturing Services and Components & Sensors. The Components & Sensors Segment designs and manufactures a line of vehicle sensors and actuators used in power train, safety, fuel and emissions control systems; ceramic and crystal-based engineered electronic components used primarily in wireless communications infrastructure equipment; piezoelectric materials, heat management and resistive-based components used in medical, defense and aerospace, computer, consumer and industrial equipment applications. The Electronics Manufacturing Services segment is involved in the assembly of electronic and mechanical components into a finished subassembly or assembly, as well as provides manufacturing and completion services, including design, supply chain management, logistics and repair services. The company was founded by A. J. Briggs, George A. Briggs and S. A. Buffington in 1896 and is headquartered in Elkhart, IN.