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Press Releases 2006

  Bourns Acquires Assets of Automotive Controls Division of SSI Technologies, Inc.

 

RIVERSIDE, CA – June 23, 2006 – Bourns, Inc. is pleased to announce the acquisition of certain assets of the Automotive Controls Division of SSI Technologies, Inc., headquartered in Janesville, WI. Founded in the mid 1980’s, SSI has earned a solid reputation as a sensors and controls innovator and supplier to the global automotive industry. Terms were not disclosed.

Included in the sale are a variety of assets for the development and production of electric power steering, torque and position sensors and rotational speed sensors for ABS and electronic transmission applications. Bourns also extended employment offers to the employees in the SSI Automotive Controls Division. According to Jeff Pyle, Vice President and General Manager of the Bourns Automotive Division, this acquisition significantly strengthens Bourns position as a leading supplier of sensors and controls products and solutions for the worldwide automotive markets. Mr. Pyle said, "Bourns plans to continue to operate from the Janesville, WI Palmer Drive facilities, the engineering and sales offices in Novi, MI and the manufacturing plant in Chihuahua, Mexico."

About Bourns, Inc.
Bourns, Inc. is a leading manufacturer of Trimming Potentiometers, Precision Potentiometers, Automotive Position Sensors, Modular Contacts, Switches, Resistor Networks, Resistor/Capacitor Networks, Capacitor Networks and Input Devices, including Panel Controls, and Encoders. Meeting the Circuit Protection requirements of next-generation products, Bourns broad offering includes an extensive line of PPTC Resettable Fuses, Thyristor Surge Protectors, Telecom Fuses, ESD Protectors and Line Protection Modules. Bourns GDT Products group includes Gas Discharge Tubes (GDT), Telephone Station Protectors, 5-Pin Protectors, Industrial Signal and Data Line Protectors, Chip Diodes and Inductive Components. Bourns also offers custom hybrids, including multi-chip modules, as well as DC/DC converters. Headquartered in Riverside, CA, Bourns serves a broad range of markets, including telecommunications, computer, industrial, instrumentation, automotive, consumer, non-critical life support medical, audio and various other market segments. Bourns¨ products are manufactured according to ISO-9000 standards under Six Sigma quality programs. For more information, contact Bourns corporate headquarters at 1200 Columbia Avenue, Riverside, CA 92507. Phone (951) 781-5500; Fax (951) 781-5006; URL:
www.bourns.com.


 

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