Intervala-dation

Pittsburgh electromechanical manufacturer acquires NeoTech assets in Ohio

Intervala, a full-service manufacturer of precision electronic and electromechanical products, announced Monday the acquisition of “certain assets” of NEOTech Inc.’s manufacturing business in Mason, Ohio. The acquisition perceivably expands Intervala’s customer base “through the addition of several top-tier customers in the medical device and industrial markets,” said the Pittsburgh-based company in a May 3 press release posted on its website.

Intervala intends to gradually transition the Mason business (outside Cincinnati), which focuses on low-to-medium volume, higher mix electronics production, to its existing manufacturing locations in the greater Pittsburgh and Boston regions. It’s always good to hear of American companies growing. Bonus: its employees get to dress like every day is graduation 😉

“The acquisition of NEOTech’s Mason business presented Intervala with a unique opportunity to further advance our growth strategy and expand our customer base in key target markets,” said Teresa Huber, president and CEO of Intervala, which produces circuit board assemblies, electromechanical systems, and cable and harness assemblies. “We commend the NEOTech team for building successful, longstanding relationships with a notable customer list and are extremely pleased to welcome these customers to Intervala.”

“Intervala was the perfect fit as the manufacturing partner for our top-tier customers in Mason,” said Kunal Sharma, president of NEOTech Inc. “The company has an outstanding reputation for its operational excellence and commitment to customer satisfaction. Although our Mason facility no longer fit NEOTech’s larger business strategy, we are delighted that the clients we served there remain in excellent hands with Intervala.”

Further details of the acquisition are not available at this time. NeoTech has multiple other locations in the U.S. and abroad, including four in California, one apiece in Nevada, Colorado, Illinois, and Massachusetts, three in Mexico and one in China.

With a client focus in the industrial, medical, transportation and defense markets, Intervala aims to bring “a fresh approach to problem-solving by combining turnkey manufacturing capabilities, a full suite of engineering expertise, new product introduction, supply chain management, and global fulfillment services to deliver smart, innovative solutions,” it says.

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