Summit Interconnect in July acquired ITL Circuits for an undisclosed sum. The deal solidifies Summit's hold on the no. 2 spot among the largest manufacturers of printed circuit boards in North America. Summit has three facilities in Northern and Southern California, with a combined 810 employees. ITL Circuits has over 65,000 sq. ft. of factory space and approximately 130 employees. Summit will retain ITL's same management team and staff, and ITL owners Adolf Czudnochowsky and Michael Campbell plan to retire.
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