Creation Technologies Acquires Two EMS Providers - Manufacturer expands presence in the Central and Eastern USA through Taytronics and SMC Acquisitions



    VANCOUVER, Aug. 1 /CNW Telbec/ - Creation Technologies, a global Top 50
Electronic Manufacturing Service (EMS) provider and expert in manufacturing
complex electronics products, today announced it has acquired SMC, Inc. of
Lexington, Kentucky and finalized its acquisition of Taytronics, Inc. of Saint
Peter, Minnesota. These acquisitions extend Creation's footprint in the
Central and Eastern US, firmly position Creation among the top 15 EMS
providers in North America and mark the fourth and fifth in a series of
acquisitions the company has made in the past four years.
    "We are extremely pleased to welcome the people and customers of such
solid companies as SMC and Taytronics into the Creation family," said Arthur
Tymos, President and Chief Executive Officer of Creation Technologies. "These
companies fit well with Creation's current businesses, as both have cultures,
leadership styles, people skills and experiences, service and technical
capabilities, profit momentum and revenue growth opportunities that match
ours. Also, these acquisitions provide Creation with the additional North
American footprint we need to support and grow our customer base."
    The Taytronics operation will become Creation's eighth business unit and
will be renamed Creation Technologies - Saint Peter. Taytronics, an affiliate
of Taylor Corporation in North Mankato, MN, has been providing EMS services to
the Minnesota and Wisconsin area since 1990. The company employs 125 people.
All employees in the Saint Peter facility will continue to report to John
Makela, General Manager. John will also join Creation's Executive Leadership
Team.
    "We are very excited to be expanding Creation's strong business model and
culture in the Minnesota and mid-West areas," said John Makela. "Creation's
existing OEM customers in the area, together with Taytronics' impressive
roster of customers, will greatly benefit from the additional capacity and
services our business unit will provide. Our employees will also profit from
joining this employee-owned company that has maintained its culture of
excellence throughout its North American expansion."
    The ninth business unit, the SMC operation, will be renamed Creation
Technologies - Lexington. Located in Lexington, KY, SMC has been servicing
OEMs in the Central and Eastern US regions since 1994. The company employs
325 people. Employees in the Lexington facility will continue to report to
Greg Howard, General Manager. Greg and John Zurborg, VP of Business
Development, will also join Creation's Executive Leadership Team.
    "SMC is delighted to become part of Creation Technologies family
providing EMS services to customers in the Central and Eastern US," said Greg
Howard. "Our proven leadership skills in business development and automated
manufacturing will nicely complement the company's expertise and will support
its further growth."

    About Creation Technologies

    Creation Technologies is a global Top 50 Electronic Manufacturing Service
(EMS) provider focused on manufacturing complex electronics for businesses in
the industrial controls, instrumentation, medical, wireless and other
communications, safety and security, aerospace and transportation markets. The
company of approximately 1,800 employees provides full manufacturing solutions
from design support and new product development to final assembly, packaging
and product distribution to its customers across North America. Creation's
financial strength, employee ownership philosophy and commitment to investing
in its technical capabilities have created a highly stable partner for
Original Equipment Manufacturers (OEMs). The company operates nine
manufacturing facilities in British Columbia, California, Texas, Minnesota,
Wisconsin, Kentucky and Ontario. More information on Creation Technologies can
be found at: www.creationtech.com.




For further information:

For further information: Deborah Gillies, Creation Technologies, (604)
453-3424, dgillies@creationtech.com; Natalie Sauvé, High Road Communications,
(613) 688-1187, nsauve@highroad.com

Organization Profile

CREATION TECHNOLOGIES INC.

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