CABLE CONNECTION AND WILCO WIRE TECHNOLOGY ANNOUNCE A STRATEGIC MERGER, CREATING ONE OF THE
LARGEST CABLE ASSEMBLY AND WIRE HARNESS MANUFACTURERS ON THE WEST COAST
Published by Business Journal
announce strategic representation agreement with leading manufacturer's representative Norcomp, increasing customer access to greater product capabilities
LOS GATOS, Calif., FREMONT, Calif., and SUNNYVALE, Calif. (November 3, 2008) – Cable Connection, a premiere manufacturer of custom cables and wire harnesses and Wilco Wire Technology, a manufacturer specializing in OEM cable assemblies and harnesses today
announced that they would merge, becoming one of the largest providers of custom cables and wire harnesses on the West Coast. "The combined company will be located in the former Wilco facility in Fremont, California and will operate under the Cable Connection company name", stated Greg Gaches, CEO and President of Cable Connection.
The merger brings some distinct business advantages to the companies and their combined customer base including:
Manufacturing access for high volume customers to Cable Connection's off-shore capabilities in China.
Product and process synergies that expand the ability of both companies to service their customer bases as a
"one-stop-shop" for custom molded cables, RF cables, wire wrapping, and complex wire harnesses.
Additionally, Greg Gaches, CEO of Cable Connection states, "For the past 35 years, Wilco Wire has been a leading source for domestic manufacturing of cable and harness assemblies, wire wrap boards, and box builds. We are pleased to be able to integrate our design teams and work forces to achieve additional synergy and provide more value as one company".
Judy Wilson, President of Wilco Wire added, "With access to Cable Connection's high-volume, low cost manufacturing capabilities in China, the combined company will be able to provide the custom and specialized high-quality products that both companies are known for, but in a more cost-efficient way that will be appealing to the high volume customer base."
In a related announcement, the newly-combined Cable Connection company has signed an agreement with Norcomp, a leading
manufacturer's representative, located in Sunnyvale, California.
Norcomp employs a world-class sales force dedicated to bringing a variety of IC products and services to customers in the consumer, networking and test & measurement marketplace. This agreement significantly expands the Cable Connection existing direct sales force and provides Cable Connection with high-profile access to Norcomp's complementary base of customers. Greg
Gaches, CEO of Cable Connection stated "We chose Norcomp as a sales partner because of their amazing customer base and impeccable reputation in the industry and look forward to a productive business relationship."
Nad Karim, Principal at Norcomp, said "We are proud to represent a number of premier companies in the semiconductor component industry. By adding Cable Connection to our portfolio, we are now able to also provide the wire harnesses, semi-rigid
coax cables, and unique cable assemblies that our customers need to implement their end-products at any volume level."
About Cable Connection:
Cable Connection, located in Los Gatos, California, is a premier manufacturer of custom cables and wire harnesses for the Electronics, Communication, and Medical Industries.
About Wilco Wire Technology
Wilco Wire Technology is a manufacturer specializing in OEM cable and harness assemblies, wire wrap boards, and box builds for the emerging Solar, Telecommunication, and Aircraft Industries.
Norcomp, Inc., a manufacturers' representative located in Sunnyvale, California employs a world-class sales force dedicated to bringing leading-edge solutions to a wide array of customers in the consumer, networking and test & measurement marketplace.