MENTOR, OH – August 2015 – Libra Industries, a privately held electronics manufacturing services (EMS) provider, is pleased to announce the acquisition of ACD, based in Richardson, TX. The acquisition is a major step in Libra Industries’ strategy to increase revenues and capture a larger share of the electronics contracting market.
Libra Industries was founded in 1980 when the EMS industry was just getting started. Since then, the company has steadily grown because of its ongoing dedication to investing in people, quality systems, and the latest manufacturing technology and processes. Like Libra Industries, ACD is an electronics contract manufacturer that produces printed circuit board assemblies (PCBAs), resulting in a synergistic relationship and a perfect cultural fit. Libra Industries has hired Scott Fillebrown, CTO, and Steve Schwaebler, VP of Operations, to operate the Libra Industries facility in Richardson, TX. Additionally, the ACD employees will join the Libra Industries team.
From its four state-of-the-art manufacturing facilities in Northeast Ohio and now Texas, Libra Industries serves a diverse base of industries such as medical, military/aerospace, industrial and LED lighting. The company seeks customers who require customized solutions with technically sophisticated manufacturing and quality requirements. In order to do so, Libra Industries has worked hard to earn an impressive array of certifications and registrations such as ISO 9001:2008 and ISO 13485-2003, FDA, UL, CSA and ITAR.
Libra Industries™ investment in ACD demonstrates the company’s continued commitment to providing customized manufacturing solutions to help make its customers more competitive and improve their profitability.
Libra Industries, and now ACD customers, will continue to receive the high level of service the company has become known for over the last 35 years. For more information, visit www.libraind.com.
