Princeton Technology announces asset purchase of ISO approved SMS Memory Module Assembly, Inc.
Princeton Technology, Inc., a leading maker of computer memory modules and provider of electronic contract manufacturing services, has completed an asset purchase of SMS Memory Module Assembly, Inc. of Orange County, CA. The asset purchase has resulted in Princeton acquiring additional state of the art electronic assembly equipment formerly in use at SMS. In a related move, Princeton has hired Scott Fair of SMS as their new Director of Engineering. Princeton has also hired other technical personnel from SMS as they prepare for dramatic growth. The new assembly equipment, formerly utilized by SMS, has already been fully implemented into Princeton's existing production facility.
"As we continue to pursue our aggressive goals for growing our business, we need the right people and the right logistical support to help us get there", said Nasir Javed, President of Princeton Technology. "Mr. Fair brings over ten years experience in high quality electronic assembly and contract manufacturing to our organization plus the equipment purchases will allow us to expand our manufacturing capacity immediately", continued Mr. Javed.