American stencil and tool company Photo Stencil has sold its Guadalajara, Mexico-based Photo Stencil business to the group that had been managing the business.
In a press release announcing the sale, Photo Stencil CEO Eric Weismann said that the sale is consistent with the company’s strategy, which is to build stencils for the semiconductor industry.
Photo Stencil’s decision to sell its Guadalajara business might have been impacted by the construction of its new Golden, Colo.-based manufacturing plant. Weismann said that the Colorado plant features R&D facilities and cleanrooms, and will “deploy the most advanced processes for producing exacting stencils.”
Francisco Lujano, who had been the GM of the Mexico-based business while it was owned by Photo Stencil, has become the owner of the facility, along with Armando Berumen, who was also part of the Photo Stencil management team in Mexico.
“Demand for our laser-cut stencils has increased significantly,” Lujano said. “Our Mexico plant has the latest laser cutting equipment with automated optical inspection. Armando and I are excited about this new opportunity and will continue to produce the highest performing laser-cut stencils available.”
Under the new ownership, the Mexico facility will sell laser-cut stencils it creates, as well as the electroform stencils that Photo Stencil will make at its new Colorado facility.
Filed Under: Industrial automation